Fool Trader KLSE Research
Daily Summary - 23 Oct 2012
YOUR MORNING COFFEE ' Tuesday 23/10/2012
SUMMARY
Source:Jupiter Securities Research, 23 October 2012
SUMMARY
- Wall St closed 0.02% higher, on bargain hunting. Market is likely to remain neutral ahead of this week's FOMC, which is likely to be a non event. Focus is on the following FOMC in December, which may provide direction on US Fed's measures.
- Dow of 13,345, has completed its pullback at the 61.8% retracement
- level of 13,235. Upside is at 13,500. RSI of 44, is on a divergence.
- DOLLAR INDEX is lower at 79.5. Resistance is at 80.2.
- Crude oil is lower at USD88.7. Support is at 88.0.
- Dollar yen is higher at 79.9 yen. Resistance is at 80.2.
- Euro/dollar is higher at 1.306. Resistance is at 1.3400.
- Gold is higher at USD1728. Support is at 1700.
- Shanghai closed higher at 2,132.
- Singapore STI closed lower at 3,047.
- Ringgit is firmer at 3.0480. Downside is at 3.09.
- S'pore ringgit is lower at 2.496. Upside is at 2.540.
- Malaysian market closed lower at 1661. On the Daily chart, it is targeting 1710 over a longer term. Support is at 1660. RSI of 61, is on a buy divergence. Today's range is between 1660 and 1670.
- CPO Jan futures is higher at RM2511. Support is at 2316.
- Trading : FABER ( 1368 : 1.49 ) : Take profit, MEGB ( 5166 : 0.73 ) : Take profit, ORNA ( 5065 : 0.75 ) : Targeting 0.86/Stop loss 0.71,
Source:Jupiter Securities Research, 23 October 2012
More articles on Fool Trader KLSE Research
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Apps
Top Articles
1
https://dividendguy67.blogspot.com
2
3
4
6
Good Articles to Share
7
Good Articles to Share
Sydney house fire kills three children, police suspect homicide
8
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
No trading signals available.
Stock
Time
Signal
Duration
No trading signals available.
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
