Dow Jones: 26,135.79 pts (+249.78pts, +0.96%)
U.S. stockmarkets started off the week on a solid footing as the Dow gained 1.0% overnight, lifted by the positive trade progress between U.S. and China. The immediate resistance is located at 26,500.

FBM KLCI: 1,596.45 pts (-2.77pts, -0.17%)
The FBM KLCI underperformed its regional peers after trading in a choppy manner, dragged down by selected telco heavyweights yesterday. The immediate resistance is located at 1,610.

Crude Palm Oil: RM2,156 (-RM36, -1.64%)
Crude palm oil prices retreated, bogged down by the appreciation of Ringgit against the Greenback. The immediate support is located around RM2,100.

WTI Crude Oil: $56.21 (+$1.34, +2.44%)
Crude oil prices extended its gains on attack in Saudi oil facility by Yemen's Houthi forces. The immediate resistance is located at US$58.

Gold: $1,495.92 (-$17.60, -1.16%)
Gold prices extended its losses as demand for safe haven assets fade. The immediate resistance is located around $1,550.

Technical Trading Stocks - 20 Aug 19 
Stock Name: REVENUE (0200)
Entry: Buy above RM1.58
Target: RM1.73 (9.5%), RM1.80 (13.9%)
Stop: RM1.48 (-6.3%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: DUFU (7223)
Entry: Buy above RM1.93
Target: RM2.08 (7.8%), RM2.21 (14.5%)
Stop: RM1.84 (-4.7%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Source: Bloomberg, M+ Online

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