Wall St closed 0.7% lower, awaiting for some agreement over resolving the fiscal cliff. Housing starts were down 3% in November.
Dow of 13,251, is on a support at 13,000. RSI of 58 is down.
DOLLAR INDEX is lower at 79.2. Support is at 78.9.
Crude oil is higher at USD89.5. Resistance is at 93.0.
Dollar yen is higher at 84.3 yen. Resistance is at 85.0.
Euro/dollar is lower at 1.322. Support is at 1.302.
Gold is lower at USD1669. Support is at 1643.
Shanghai closed lower at 2162.
Singapore STI closed higher at 3,158.
Ringgit is weaker at 3.061. Downside is at 3.09.
S'pore ringgit is higher at 2.509. Upside is at 2.540.
Malaysian market closed higher at 1665. On the Daily chart, it is heading for a retest on the previous high of 1679. RSI is at 71. Support is at 1650. Today's range is between 1660 and 1670.
CPO March futures is lower at RM2331. Resistance is at 2516.
Trading : PWROOT (7237 : 1.10 ) : Take profit, POS (4634 : 3.43 ) : Take profit, MAHSING (8583 : 2.16 ) : Targeting 2.35/Stop loss 2.10, HAIO (7668 : 2.15 ) : Targeting 2.29/Stop loss 2.10
Source: Jupiter Securities Research - 20 December 2012
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....