Dow Jones: 26,966.00 pts (+179.32pts, +0.67%)
Wall Street advanced to close at record high levels as the Dow gained 0.7% on optimism over more dovish stance from central banks across the globe. The immediate resistance is located at 27,000.

FBM KLCI: 1,690.05 pts (-0.95pts, -0.06%)
The FBM KLCI (-0.1%) edged lower on mild profit taking activities in selected index heavyweights following a two-day rally. The immediate resistance is located at 1,700.

Crude Palm Oil: RM1,956 (-RM11, -0.56%)
Crude palm oil prices retreated, taking cue from the slump in crude oil prices and lower soybean oil prices overnight. The immediate support is located around RM1,920.

WTI Crude Oil: $57.34 (+$1.09, +1.94%)
Crude oil prices rebounded after U.S. oil rig count declined, coupled with the small inventory drawdown. The immediate resistance is located at US$60.

Gold: $1,418.78 (+$0.13, +0.01%)
Gold prices rebounded on the dovish interest rate stance by central banks across the globe. The immediate support is located around $1,350.

Economic Releases:
EU - Eurozone's Retail Sales, 5.00PM

Technical Trading Stocks - 4 Jul 19 
Stock Name: JAKS (4723)
Entry: Buy above RM0.79
Target: RM0.85 (7.6%), RM0.90 (13.9%)
Stop: RM0.74 (-6.3%)
Shariah: Yes
Technical: Bullish engulfing candle

Stock Name: MBL (5152)
Entry: Buy above RM1.25
Target: RM1.32 (5.6%), RM1.40 (12.0%)
Stop: RM1.20 (-4.0%)
Shariah: Yes
Technical: Hammer candle

Source: Bloomberg, M+ Online

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