Wall St closed 0.9% lower, on lack of progress over resolving the fiscal cliff. Personal income rose 0.6%, and personal spending 0.4%, higher than expected.
Dow of 13,190, is on a support at 13,000. RSI of 53 is down.
DOLLAR INDEX is higher at 79.6. Resistance is at 80.2.
Crude oil is lower at USD88.3. Resistance is at 93.0.
Dollar yen is higher at 84.4 yen. Resistance is at 85.0.
Euro/dollar is lower at 1.322. Support is at 1.302.
Gold is higher at USD1657. Support is at 1630.
Shanghai closed lower at 2153.
Singapore STI closed lower at 3,163.
Ringgit is weaker at 3.073. Downside is at 3.09.
S'pore ringgit is higher at 2.509. Upside is at 2.540.
Malaysian market closed lower at 1658. On the Daily chart, the downside is supported at the price gap of 1642. RSI of 62, is down.
Today's range is between 1654 and 1664.
CPO March futures is higher at RM2408. Resistance is at 2516.
Trading :
Source: Jupiter Securities Research - 24 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....