Wall St closed on Thursday for Thanksgiving. And a half trading day for Friday. Worries over Europe and the fiscal cliff remain.
Dow of 12,836, is heading for a test on the 13,290 resistance. RSI of 42, is recovering.
DOLLAR INDEX is lower at 80.7. Support is at 80.2.
Crude oil is higher at USD86.9. Resistance is at 93.0.
Dollar yen is higher at 82.4 yen. Resistance is at 83.4.
Euro/dollar is higher at 1.287. Resistance is at 1.2900.
Gold is higher at USD1730. Support is at 1643.
Shanghai closed lower at 2,015.
Singapore STI closed higher at 2,986.
Ringgit is firmer at 3.060. Downside is at 3.09.
S'pore ringgit is lower at 2.498. Upside is at 2.540.
Malaysian market closed lower at 1618. On the Daily chart, it is targeting 1710 over a longer term. Support is at 1612. RSI of 25, is oversold. Today's range is between 1615 and 1625.
CPO Jan futures is lower at RM2374. Resistance is at 2630.
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....