Wall St closed 0.2% lower, focusing on the 4Q corporate reporting season, which is expected to record 2.4% gain. US consumer prices slowed to a 1.7% annual increase. Industrial production index rose 0.3%, higher than expected.
Dow of 13,511, is heading for a test on the resistance of 13,661. RSI of 62, is up.
DOLLAR INDEX is higher at 79.8. Support is at 79.2.
Crude oil is higher at USD94.2. Resistance is at 95.3.
Dollar yen is lower at 88.7 yen. Resistance is at 93.0.
Euro/dollar is lower at 1.329. Resistance is at 1.340.
Gold is higher at USD1680. Support is at 1630.
Shanghai closed lower at 2309.
Singapore STI closed higher at 3,208.
Ringgit is weaker at 3.019. Upside is at 3.00.
S'pore ringgit is higher at 2.467. Support is at 2.462.
Malaysian market closed lower at 1682. On the Daily chart, the immediate resistance is at 1707. RSI of 56, is down. Today's range is between 1678 and 1688.
CPO March futures is higher at RM2415. Support is at 2340.
Trading : POHUAT (7088 : 0.465 ) : Take profit, KUCHAI (2186 : 1.11 ) : Take profit, SUPERMX (7106 : 2.06 ) : 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....