Wall St closed 0.6% higher, in the start of the 4Q corporate reporting season, which is expected to record 3.3% gain. Weekly initial jobless claims rose to 371,000. Wholesale inventories rose 0.6%, higher than expected.
Dow of 13,471, is heading for a test on the resistance of 13,661. RSI of 61, is up.
DOLLAR INDEX is lower at 79.7. Support is at 79.2.
Crude oil is higher at USD93.8. Resistance is at 95.3.
Dollar yen is higher at 89.0 yen. Resistance is at 93.0.
Euro/dollar is higher at 1.327. Resistance is at 1.340.
Gold is higher at USD1672. Support is at 1630.
Shanghai closed higher at 2283.
Singapore STI closed higher at 3,226.
Ringgit is stronger at 3.02. Upside is at 3.00.
S'pore ringgit is lower at 2.470. Support is at 2.462.
Malaysian market closed lower at 1684. On the Daily chart, the immediate resistance is at 1707. RSI of 64, is down. Today's range is between 1682 and 1692.
CPO March futures is lower at RM2387. Support is at 2340.
Trading : GCB (5102 : 1.76 ) : Take profit, MEDIA (4502 : 2.41 ) : Take profit
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....