Dow Jones: 25,776.61 pts (-100.72pts, -0.39%)
U.S. stockmarkets retreated as the Dow fell 0.4% after the U.S. Federal Reserve minutes continue to adopt the accommodative policy. The immediate resistance is located at 26,000.

FBM KLCI: 1,603.74 pts (-1.62pts, -0.10%)
The FBM KLCI (-0.1%) retreated as quick profit taking in selected index heavyweights nudged the key index into the negative territory in the second half of the trading session on Tuesday. The immediate support is located at 1,580.

Crude Palm Oil: RM2,057 (-RM41, -1.95%)
Crude palm oil prices took a dive after the European Union limit the usage of CPO in biofuel starting from 10th June 2019. The immediate support is located around RM2,000.

WTI Crude Oil: $61.42 (-$1.57, -2.49%)
Crude oil prices retreated on the higher-than-expected U.S. supply level. The immediate resistance is located at US$67.

Gold: $1,273.34 (-$1.34, -0.11%)
Gold prices extended its losses after the U.S. Federal Reserve maintained its accommodative monetary policy. The immediate resistance is located around $1,300.

Economic Releases:
US - United States' New Home Sales, 10.00PM

Technical Trading Stocks - 23 May 19 
Stock Name: WEGMANS (0197)
Entry: Buy above RM0.31
Target: RM0.33 (6.5%), RM0.345 (11.3%)
Stop: RM0.29 (-6.5%)
Shariah: Yes
Technical: Trendline breakout

Stock Name: GFM (0039)
Entry: Buy above RM0.455
Target: RM0.48 (5.5%), RM0.495 (8.8%)
Stop: RM0.435 (-4.4%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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