Wall St closed 0.2% higher, focusing on the 4Q corporate reporting season, which is expected to record 2.4% gain. Retail sales rose 0.5%, led by the auto sector. Business inventories increased 0.3%.
Dow of 13,534, is heading for a test on the resistance of 13,661. RSI of 64, is up.
DOLLAR INDEX is higher at 79.7. Support is at 79.2.
Crude oil is lower at USD93.4. Resistance is at 95.3.
Dollar yen is lower at 88.7 yen. Resistance is at 93.0.
Euro/dollar is lower at 1.331. Resistance is at 1.340.
Gold is higher at USD1683. Support is at 1630.
Shanghai closed higher at 2325.
Singapore STI closed lower at 3,196.
Ringgit is stronger at 3.013. Upside is at 3.00.
S'pore ringgit is lower at 2.460. Support is at 2.462.
Malaysian market closed higher at 1685. On the Daily chart, the immediate resistance is at 1707. RSI of 60, is down. Today's range is between 1680 and 1690.
CPO March futures is higher at RM2398. Support is at 2340.
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....