Dow Jones: 26,048.51 pts (-14.17pts, -0.05%)
U.S. stockmarkets halted their winning streak as the Dow (-0.1%) retreated for the first time in seven days amid the escalating Sino-U.S. trade tension. The immediate resistance is located at 27,000.

FBM KLCI: 1,651.20 pts (-4.27pts, -0.26%)
The FBM KLCI (-0.3%) formed a bearish engulfing candle, dragged down by quick profit taking activities in selected index heavyweights yesterday. The immediate resistance is located at 1,670.

Crude Palm Oil: RM2,007 (+RM13, +0.65%)
Crude palm oil prices staged a mild recovery amid the higher oil-related commodity prices, coupled with the weaker Ringgit against the Greenback. The immediate support is located around RM1,950.

WTI Crude Oil: $53.27 (+$0.01, +0.02%)
Crude oil prices edged marginally higher but gains were capped by the rising U.S. supplies. The immediate support is located at US$50.

Gold: $1,326.84 (-$1.14, -0.09%)
Gold prices extended its losses after the Greenback advanced against a basket of currencies. The immediate resistance is located around $1,350.

Economic Releases:
JP - Japan's Machinery Orders, 7.50AM
JP - Japan's Producer Price Index, 7.50AM
CN - China's Inflation Rate, 9.30AM
CN - China's Producer Price Index, 9.30AM
US - United States' Inflation Rate, 8.30PM

Technical Trading Stocks - 12 Jun 19 
Stock Name: JOHOTIN (7167)
Entry: Buy above RM1.41
Target: RM1.51 (7.1%), RM1.60 (13.5%)
Stop: RM1.33 (-5.7%)
Shariah: Yes
Technical: Trendline breakout

Stock Name: INTA (0192)
Entry: Buy above RM0.29
Target: RM0.315 (8.6%), RM0.325 (12.1%)
Stop: RM0.27 (-6.9%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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