Fool Trader KLSE Research

Daily Summary - 14 Dec 2012

fooltrader
Publish date: Fri, 14 Dec 2012, 04:31 PM

SUMMARY    
  

  • Wall St closed 0.4% lower, as uncertainty over the fiscal cliff continued in spite of positive news. Retail sales rebounded in  November, up 0.3% in the month. Weekly initial jobless claims dipped to 343,000. 
  • Dow of 13,170, has retreated from the overhead resistance of 13,330. Support is at 12,900. RSI of 57 is down.
  • DOLLAR INDEX is higher at 79.9.  Resistance is at 81.2.
  • Crude oil is lower at USD85.8. Resistance is at 93.0.
  • Dollar yen is higher at 83.6 yen. Resistance is at 84.0.
  • Euro/dollar is higher at 1.307. Resistance is at 1.313.
  • Gold is lower at USD1696. Support is at 1643.
  • Shanghai closed lower at 2061.
  • Singapore STI closed higher at 3,156.
  • Ringgit is weaker at 3.060. Downside is at 3.09.
  • S'pore ringgit is higher at 2.505. Upside is at 2.540.
  • Malaysian market closed higher at 1652. On the Daily chart, it has been capped at the overhead resistance of 1658, indicating a likely pullback. Support is at 1635. Today's range is between 1646 and 1656.
  • CPO Feb futures is lower at RM2230. Support is at 2210.
  • Trading : DIGI (6947 : 5.05 )  : Take profit  DAYANG (5141 : 2.47 )  : Targeting 2.70/Stop loss 2.38 GAMUDA (5398 : 3.64 )  : Targeting 3.90/Stop loss 3.54


Source: Jupiter Securities Research - 14 December 2012
More articles on Fool Trader KLSE Research
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment