Wall St closed 0.14% lower, on lack of progress over resolving the fiscal cliff. New home sales rose 4.4% in November, as housing has started to improve. Weekly initial jobless claims dipped to 350,000.
Dow of 13,096, is on a support at 12,964. RSI of 48 is down.
DOLLAR INDEX is higher at 79.6. Resistance is at 80.2.
Crude oil is higher at USD90.9. Resistance is at 93.0.
Dollar yen is higher at 86.4 yen. Resistance is at 93.0.
Euro/dollar is higher at 1.324. Support is at 1.302.
Gold is higher at USD1663. Support is at 1630.
Shanghai closed lower at 2205.
Singapore STI closed higher at 3,183.
Ringgit is weaker at 3.064. Downside is at 3.09.
S'pore ringgit is lower at 2.504. Upside is at 2.540.
Malaysian market closed higher at 1674. On the Daily chart, the downside is supported at the price gap of 1642. RSI of 68, is up. Today's range is between 1670 and 1680.
CPO March futures is higher at RM2481. Resistance is at 2516.
Trading : TRC (5054 : 0.57 ) : Targeting 0.68/Stop loss 0.54, HARVEST (9342 : 0.305 ) : Targeting 0.42/Stop loss 0.28, MAS (3786 : 0.715 ) : Targeting 0.84/Stop loss 0.68
Source: Jupiter Securities Research - 28 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....