Dow Jones: 23,533.20 pts (-424.69pts, -1.77%)
U.S. equities continue to dive lower as the Dow (-1.8%) extended its losses to mark its biggest weekly decline (-5.7% W.o.W) after China retaliate against U.S. tariff plans. The immediate support is located at 23,300.

FBM KLCI: 1,865.22 pts (-11.65pts, -0.62%)
The FBM KLCI (-0.6%) erased all its previous session gains as the key index halted a five day winning streak last Friday. The immediate resistance is located at 1,880.

Crude Palm Oil: RM2,428 (-RM22, -0.90%)
Crude palm oil prices retreated on concern over trade war. The immediate resistance is envisaged around RM2,500.

WTI Crude Oil: $65.88 (+$1.58, +2.46%)
Crude oil prices formed a bullish engulfing candle as OPEC deepens their production cut. The immediate resistance is located at US$67.

Gold: $1,347.33 (+$18.30, +1.38%)
Gold prices advanced as trade war stimulated the demand for safe haven assets. The immediate resistance will be pegged around US$1,350.

Bursa Malaysia Trade Statistics - 23 Mar 18
Institutions:  Net BUY 26.5 mln (54.8%)
Retail:  Net BUY 4.4 mln (20.0%)
Foreign:  Net SELL 30.9 mln (25.2%)

Potential Momentum Stocks - 26 Mar 18 
Stock Name: AEON (6599)
Entry: Buy above RM1.84
Target: RM1.95 (6.0%), RM2.08 (13.0%)
Stop: RM1.75 (-4.9%)
Shariah: Yes
Technical: Bullish engulfing candle

Stock Name: IWCITY (1589)
Entry: Buy above RM1.38
Target: RM1.44 (4.3%), RM1.48 (7.2%)
Stop: RM1.34 (-2.9%)
Shariah: Yes
Technical: Trendline breakout

Source: Bloomberg, M+ Online

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