Fool Trader KLSE Research

Daily Summary - 16 Jan 2013

fooltrader
Publish date: Wed, 16 Jan 2013, 09:24 AM
YOUR MORNING COFFEE - Wednesday 16/1/2013

SUMMARY

  • 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.
  • Trading : TEBRAU (1589 : 0.785 ) : Take profit

Jupiter Securities Research - 16 January 2013
More articles on Fool Trader KLSE Research
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment