Dow Jones: 26,246.96 pts (+184.84pts, +0.71%)
U.S. stockmarkets rebounded overnight as the Dow gained 0.7%, shrugging off the imposition of tariff on US$200.0 bln worth on Chinese good as technology stocks rallied. The immediate resistance is located at 26,600.

FBM KLCI: 1,792.94 pts (-10.82pts, -0.60%)
The FBM KLCI (-0.6%) was unable to hold its position above the 1,800 psychological level yesterday, dragged down by mounting concern over the Sino-U.S. trade spat. The immediate support is located at 1,780.

Crude Palm Oil: RM2,198 (-RM49, -2.18%)
Crude palm oil prices extended its losses to close marginally below the RM2,200 psychological level yesterday. The immediate support is located around RM2,150.

WTI Crude Oil: $69.85 (+$0.94, +1.36%)
Crude oil prices recovered all its previous session losses ahead of the U.S. inventory data. The immediate resistance is located at US$72.

Gold: $1,198.36 (-$3.10, -0.26%)
Gold prices retreated as investors’ appetite shifted to riskier assets. The immediate support will be pegged around US$1,150.

Economic Releases:
JP - Japan's Bank of Japan's Interest Rate Decision, 11.00AM
UK - United Kingdom's Inflation Rate, 4.30PM

Bursa Malaysia Trade Statistics - 18Sep18
Institutions:  Net SELL 18.8 mln (46.5%)
Retail:  Net BUY 19.9 mln (18.7%)
Foreign:  Net SELL 1.1 mln (34.8%)

Potential Momentum Stocks - 19Sep18 
Stock Name: AWC (7579)
Entry: Buy above RM0.775
Target: RM0.83 (7.1%), RM0.875 (12.9%)
Stop: RM0.725 (-6.5%)
Shariah: Yes
Technical: Trendline breakout

Stock Name: POHUAT (7088)
Entry: Buy above RM1.40
Target: RM1.48 (5.7%), RM1.55 (10.7%)
Stop: RM1.35 (-3.6%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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