Fool Trader KLSE Research
Daily Summary - 4 Dec 2012
YOUR MORNING COFFEE ' Tuesday 4/12/2012
SUMMARY
SUMMARY
- Wall St closed 0.4% lower following a disappointing manufacturing report. The ISM manufacturing index dipped to its lowest level since July 2009. Construction spending rose 1.4% month on month. Car sales rebounded.
- Dow of 12,965, is heading for a test on the overhead resistance of 13,290. RSI of 49, is slightly weak.
- DOLLAR INDEX is lower at 79.8. Support is at 79.6.
- Crude oil is higher at USD89.1. Resistance is at 93.0.
- Dollar yen is lower at 82.2 yen. Support is at 81.0.
- Euro/dollar is higher at 1.305. Resistance is at 1.312.
- Gold is lower at USD1715. Support is at 1643.
- Shanghai closed lower at 1959.
- Singapore STI closed lower at 3,065.
- Ringgit is firmer at 3.039. Downside is at 3.09.
- S'pore ringgit is lower at 2.493. Upside is at 2.540.
- Malaysian market closed lower at 1607. On the Daily chart, the oversold RSI of 31, points to a likely technical rebound to test the overhead resistance of 1644. Support is at 1595. Today's range is between 1604 and 1614.
- CPO Feb futures is lower at RM2316. Support is at 2275.
- Trading : OLDTOWN (5201 : 2.04 ) : Take profit, P&O (6009 : 1.22 ) : Targeting 1.40/Stop loss 1.17, GENM (4715 : 3.46 ) : Targeting 3.70/Stop loss 3.33, DIGI (6947 : 4.83 ) : Buy below 4.70
More articles on Fool Trader KLSE Research
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
2
save malaysia!
3
4
5
6
7
Koon Yew Yin's Blog
8
Good Articles to Share
Le Pen makes new threat to withdraw support for French government
#
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
Stock
Time
Signal
Duration
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....
