Dow Jones: 17,675.16 pts (-57.94pts, -0.33%)
Wall Street faced with another round of selling pressure and stayed below the EMA9 level led by tech and health care shares. VIX, the fear index is hovering above 18, suggesting that the near term market trend should be slightly volatile.

FBM KLCI: 1,624.18 pts (+9.28pts, +0.57%)
The FBM KLCI managed to rebound off the 1,610 level last week amid some mild recovery in selected heavyweights like Hong Leong Bank and MISC. Resistance will be pegged around 1,630-1,636.

Crude Palm Oil: RM2,450 (+RM35, +1.45%)
After a long stretched of pullback phase, the CPO ended the five-day losing streak on the back of a technical rebound as it is currently oversold. The price may rebound higher towards RM2,500.

WTI Crude Oil: $47.98 (+$1.79, +3.90%)
Crude oil prices rose near the US$48 level on the back off weaker dollar, coupled with the ease on the Brexit fears. Crude oil may retest the US$50 mark over the near term. 

Gold: $1,298.65 (+$21.91, +1.70%)
Gold surged strongly by more than 1.5% on Friday and could breakout above the US$1,300 psychological level as gold could be focused under this uncertain market environment.

Bursa Malaysia Trade Statistics - 17 Jun 16
Institutions:  Net BUY 22.9 mln (50.4%)
Retail:  Net BUY 20.4 mln (12.8%)
Foreign:  Net SELL 43.3 mln (36.8%)

Potential Momentum Stocks - 20 Jun 16 
Stock Name: KANGER (0170)
Entry: Buy above RM0.30
Target: RM0.345 (15.0%), RM0.40 (33.3%)
Stop: RM0.28 (-6.7%)
Technical: Potential sideways breakout

Stock Name: DUFU (7233)
Entry: Buy above RM0.60
Target: RM0.65 (8.3%), RM0.70 (16.7%)
Stop: RM0.57 (-5.0%)
Technical: Potential rebound

Source: Bloomberg, M+ Online

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