Dow Jones: 24,370.10 pts (+162.94pts, +0.67%)
U.S. stockmarkets extended their gains as the Dow added 0.7% overnight after U.S. is considering to pare down China's tariffs. The immediate resistance is located at 24,500.

FBM KLCI: 1,682.97 pts (+9.89pts, +0.59%)
The FBM KLCI (+0.6%) trended higher after lingering in the positive territory for the entire trading session yesterday. The immediate resistance is located at 1,700.

Crude Palm Oil: RM2,198 (+RM23, +1.06%)
Crude palm oil prices advanced, forming a bullish engulfing candle, boosted by optimism over rising biodiesel demand. The immediate resistance is located around RM2200.

WTI Crude Oil: $52.07 (-$0.24, -0.46%)
Crude oil prices retreated as OPEC's effort in production cuts were offset by the record high U.S. production. The immediate resistance is located at US$55.

Gold: $1,292.05 (-$1.62, -0.13%)
Gold prices retreated from two-weeks high to remain in the consolidation band. The immediate resistance is located around $1,300.

Economic Releases:
JP - Japan's Inflation Rate, 7.30AM
JP - Japan's Industrial Production, 12.30PM
UK - United Kingdom's Retail Sales, 5.30PM
US - United States' Manufacturing Production, 10.15PM
US - United States' Industrial Production, 10.15PM

Potential Momentum Stocks - 18 Jan 19 
Stock Name: NOTION (0083)
Entry: Buy above RM0.635
Target: RM0.70 (10.2%), RM0.755 (18.9%)
Stop: RM0.605 (-4.7%)
Shariah: Yes
Technical: Bullish harami candle

Stock Name: DIALOG (7277)
Entry: Buy above RM2.93
Target: RM3.15 (7.5%), RM3.43 (17.1%)
Stop: RM2.75 (-6.1%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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