Dow Jones: 21,792.20 pts (-653.17pts, -2.91%)
U.S. stockmarkets continue their freefall ahead of the mid-week Christmas break as the Dow sank 2.9% on weakness in banking stocks after Treasury Secretary Steven Mnuchin had spoken with the CEOs of the country’s six biggest banks on the banking system liquidity. The immediate support is located at 21,000.

FBM KLCI: 1,683.82 pts (+13.54pts, +0.81%)
The FBM KLCI (+0.8%) extended its gains on Tuesday, boosted by window dressing activities in selected index heavyweights. The immediate resistance is located at 1,700.

Crude Palm Oil: RM2,128 (-RM29, -1.34%)
Crude palm oil prices trended lower for the third straight session, taking cue from the falling soybean oil prices. The immediate support is located around RM2100.

WTI Crude Oil: $42.53 (-$3.06, -6.78%)
Crude oil prices slipped for the third consecutive day to close at its lowest level in 18-months on concern dwindling demand due to the potential slowdown in global economy growth. The immediate support is located at US$40.

Gold: $1,268.54 (-$0.68, -0.05%)
Gold prices retreated, giving up some of its previous session's sharp gains. The immediate resistance is located around $1,280.

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

Potential Momentum Stocks - 26 Dec 18 
Stock Name: DIGI (6947)
Entry: Buy above RM4.50
Target: RM4.85 (7.8%), RM5.00 (11.1%)
Stop: RM4.26 (-5.3%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: SUPERMX (7106)
Entry: Buy above RM3.70
Target: RM3.95 (6.8%), RM4.10 (10.8%)
Stop: RM3.50 (-5.4%)
Shariah: Yes
Technical: Monitor for trendline breakout

Source: Bloomberg, M+ Online

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