Dow Jones: 24,100.51 pts (-496.87pts, -2.02%)
U.S. stockmarkets took a beating last Friday as the Dow (-2.0%) sank into the correction territory, dragged down by fresh concern over global economic growth. The immediate resistance is located at 25,000.

FBM KLCI: 1,661.96 pts (-14.04pts, -0.84%)
The FBM KLCI (-0.8%) gapped down and subsequently trended lower after rejecting the EMA9 level last Friday. The immediate resistance is located at 1,700.

Crude Palm Oil: RM2,138 (+RM11, +0.52%)
Crude palm oil prices advanced for the third straight session after Indonesia's stockpile fell to seven months low. The immediate support is located around RM2000.

WTI Crude Oil: $51.20 (-$1.38, -2.63%)
Crude oil prices retreated as U.S. shale growth undermines OPEC plan cuts . The immediate resistance is located at US$55.

Gold: $1,239.02 (-$2.97, -0.24%)
Gold prices retreated after the Greenback appreciated against a basket of currencies. The immediate resistance is located around $1,250.

Economic Releases:
EU - Eurozone's Inflation Rate, 6.00PM

Potential Momentum Stocks - 17 Dec 18 
Stock Name: KOSSAN (7153)
Entry: Buy above RM4.43
Target: RM4.71 (6.3%), RM4.90 (10.6%)
Stop: RM4.20 (-5.2%)
Shariah: Yes
Technical: Monitor for trendline breakout

Stock Name: MUIIND (3891)
Entry: Buy above RM0.16
Target: RM0.175 (9.4%), RM0.19 (18.8%)
Stop: RM0.15 (-6.3%)
Shariah: No
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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