Dow Jones: 26,465.54 pts (+353.01pts, +1.35%)
Wall Street rallied overnight as the Dow jumped 1.4% on optimism over trade progress in the upcoming G-20 summit meeting, coupled with expectations over easing monetary policy by the U.S. Federal Reserve in coming months. The immediate resistance is located at 27,000.

FBM KLCI: 1,652.76 pts (+14.36pts, +0.88%)
The FBM KLCI recovered all its previous session losses, boosted by bargain hunting activities in selected index heavyweights yesterday. The immediate resistance is located at 1,660.

Crude Palm Oil: RM2,022 (-RM12, -0.59%)
Crude palm oil prices staged a mild pullback on concern over potential India import tax hike. The immediate support is located around RM1,950.

WTI Crude Oil: $53.90 (+$1.97, +3.80%)
Crude oil prices formed a bullish candle, lifted by optimism that OPEC and its allies will extend production cut in the upcoming meeting at early July 2019. The immediate resistance is located at US$55.

Gold: $1,346.61 (+$6.95, +0.52%)
Gold prices rebounded after the U.S. Dollar retreated against a basket of currencies on expectations over the easing U.S. Federal Reserve monetary policy. The immediate resistance is located around $1,350.

Economic Releases:
UK - United Kingdom's Inflation Rate, 4.30PM

Technical Trading Stocks - 19 Jun 19 
Stock Name: EWEIN (7249)
Entry: Buy above RM0.685
Target: RM0.74 (8.0%), RM0.76 (10.9%)
Stop: RM0.65 (-5.1%)
Shariah: Yes
Technical: Flag-formation breakout

Stock Name: SUCCESS (7207)
Entry: Buy above RM0.86
Target: RM0.945 (9.9%), RM1.00 (16.3%)
Stop: RM0.80 (-7.0%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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