Wall St closed 0.6% higher, due to upbeat economy reports. Weekly initial jobless claims dipped to 335,000, a five year low. New home sales rose sharply in December.
Dow of 13,596, is heading for a test on the resistance of 13,661. RSI of 65, is up.
DOLLAR INDEX is lower at 79.6. Support is at 79.2.
Crude oil is higher at USD95.4. Resistance is at 96.6.
Dollar yen is higher at 89.8 yen. Resistance is at 93.0.
Euro/dollar is higher at 1.337. Resistance is at 1.340.
Gold is higher at USD1687. Support is at 1630.
Shanghai closed lower at 2284.
Singapore STI closed lower at 3,195.
Ringgit is stronger at 3.00. Upside is at 2.99.
S'pore ringgit is lower at 2.459. Support is at 2.450.
Malaysian market closed lower at 1681. On the Daily chart, the immediate resistance is at 1707. RSI of 58, is neutral. Today's range is between 1678 and 1688.
CPO March futures is lower at RM2361. 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....