Dow Jones: 17,792.75 pts (+107.66 pts, +0.61%).
U.S. stock markets recouped the intra-day losses and surged positively to end higher on the back of the better-than-expected jobs data, which 215,000 jobs were created in March with the unemployment rate stood at 5.0%.

FBM KLCI: 1,710.55 pts (-7.03 pts, -0.4%).
Tracking the stronger position on the overnight Dow, the FBM KLCI may resume its uptrend formation over the near term towards the immediate resistance of the 1,730 level. Meanwhile, support will be pegged around 1,700 level.

Crude Palm Oil: RM2,748 (+RM23, +0.84%).
After hitting near the 2,800 level, CPO prices has taken a short term consolidation phase last week. However, this will be taken as a healthy correction and anticipate the price to surpass 2,800 over the next couple of weeks.
 
WTI Crude oil: US$36.63 (-US$1.48, -3.88%).
WTI crude oil took a beating last week as Saudi Arabia’s deputy crown prince price commented that the reduction in Saudi Arabia’s oil production will depend on other major producers like Iran.

Gold: US$1222.60 (-US$10.15, -0.82%).
Gold has been on a pullback phase after hitting the US$1280 resistance level in the past month. Price may extend its consolidation back towards the US$1200 level over the near term

Potential Momentum Stocks (04-Apr-2016):

Stock Name: TADMAX (4022)
Entry: RM0.375
Target: RM0.425 (13.3%), RM0.45 (20.0%)
Stop: RM0.35 (-6.7%)
Technical: Sideways consolidation, monitor for a breakout

Stock Name: PRTASCO (5070)
Entry: RM1.58
Target: RM1.66 (5.1%), RM1.74 (10.1%)
Stop: RM1.53 (-3.2%)
Technical: Trendline breakout

Source: M+ Online

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