Dow Jones: 23,548.42 pts (+9.23pts, +0.04%)
Wall Street chalked in minor gains overnight as the Dow added 0.04%, fuelled by gains in energy shares after crude oil prices rallied. The immediate resistance is located at 23,750.

FBM KLCI: 1,742.29 pts (+1.36pts, +0.08%)
The FBM KLCI (+0.1%) rebounded yesterday, outperforming the mostly sluggish regional market performance. The immediate support is located at 1,730.

Crude Palm Oil: RM2,783 (-RM23, -0.82%)
Crude palm oil prices retreated for the third straight session on concern over demand outlook coupled with the lower soybean oil prices. The immediate resistance is envisaged around RM2,850.

WTI Crude Oil: $57.35 (+$1.71, +3.07%)
Crude oil prices jumped sharply higher on Saudi Arabia's move in crackdown on corruption amongst top officials. The immediate resistance is located at US$60.

Gold: $1,281.95 (+$12.04, +0.95%)
Gold prices formed a bullish engulfing candle on rising geopolitical tension in the Middle East. The immediate support will be pegged around US$1,250.

Economic Releases:
EU - Eurozone's Retail Sales, 6.00PM

Bursa Malaysia Trade Statistics - 6 Nov 17
Institutions:  Net SELL 29.9 mln (57.1%)
Retail:  Net SELL 7.5 mln (25.0%)
Foreign:  Net BUY 37.4 mln (17.9%)

Potential Momentum Stocks - 7 Nov 17 
Stock Name: OCNCASH (0049)
Entry: Buy above RM0.725
Target: RM0.79 (9.0%), RM0.84 (15.9%)
Stop: RM0.675 (-6.9%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: LSTEEL (9881)
Entry: Buy above RM0.64
Target: RM0.69 (7.8%), RM0.72 (12.5%)
Stop: RM0.62 (-3.1%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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