Dow Jones: 27,192.45 pts (+51.47pts, +0.19%)
U.S. stockmarkets rebounded as the Dow gained 0.2%, boosted by a string of stronger-than-expected corporate earnings, coupled with the anticipation of interest rate cut by the U.S. Federal Reserve in coming days. The immediate resistance is located at 27,500.

FBM KLCI: 1,647.96 pts (-8.62pts, -0.52%)
The FBM KLCI (-0.5%) erased all its previous session gains to close at its lowest level in one month after hovering in the negative territory for the entire trading session last Friday. The immediate resistance is located at 1,670.

Crude Palm Oil: RM2,067 (+RM9, +0.44%)
Crude palm oil prices recorded its fifth straight session of gains, in line with gains across other oil-related commodities. The immediate resistance is located around RM2,100.

WTI Crude Oil: $56.20 (+$0.18, +0.32%)
Crude oil prices extended its gains as U.S. oil rigs count decline. The immediate resistance is located at US$60.

Gold: $1,418.90 (+$4.32, +0.31%)
Gold prices rebounded as the potential rate interest rate cut may sent the Greenback lower against a basket of currencies. The immediate support is located around $1,400.

Economic Releases:
JP - Japan's Retail Sales, 7.50AM

Technical Trading Stocks - 29 Jul 19 
Stock Name: AEON (6599)
Entry: Buy above RM1.83
Target: RM1.93 (5.5%), RM2.06 (12.6%)
Stop: RM1.75 (-4.4%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: RCECAP (9296)
Entry: Buy above RM1.63
Target: RM1.69 (3.7%), RM1.72 (5.5%)
Stop: RM1.57 (-3.7%)
Shariah: No
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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