Dow Jones: 24,465.64 pts (-551.80pts, -2.21%)
U.S. stockmarkets took a beating overnight as the Dow sank 2.2%, dragged down by renewed selloff in technology shares, coupled with the plunge in crude oil prices. The immediate support is located at 24,000.

FBM KLCI: 1,710.71 pts (+4.33pts, +0.25%)
The FBM KLCI (+0.3%) trended higher for the fourth straight session ahead of the mid-week break, anchored by gains in selected banking heavyweights. The immediate resistance is located at 1,730.

Crude Palm Oil: RM1,986 (+RM14, +0.71%)
Crude palm oil prices rebounded after the recent selldown could potentially boost near-term demand. The immediate support is located around RM1950.

WTI Crude Oil: $53.43 (-$3.33, -5.87%)
Crude oil prices sank to 13-month low on fears over supply glut, coupled with the weakening demand. The immediate resistance is located at US$60.

Gold: $1,221.66 (-$2.51, -0.21%)
Gold prices snapped a five-day winning streak after the Greenback appreciated against a basket of currencies. The immediate resistance is located around $1,250.

Economic Releases:
US - United States' Existing Home Sales, 11.00PM

Potential Momentum Stocks - 21 Nov 18 
Stock Name: JHM (0127)
Entry: Buy above RM1.17
Target: RM1.32 (12.8%), RM1.38 (17.9%)
Stop: RM1.12 (-4.3%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: EWEIN (7249)
Entry: Buy above RM0.58
Target: RM0.625 (7.8%), RM0.665 (14.7%)
Stop: RM0.545 (-6.0%)
Shariah: Yes
Technical: Trendline breakout

Source: Bloomberg, M+ Online

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