Dow Jones: 26,355.47 pts (+237.45pts, +0.91%)
U.S. stockmarkets rebounded as the Dow gained 0.9% overnight on the positive developments surrounding Hong Kong's political unrest. The immediate resistance is located at 26,800.

FBM KLCI: 1,599.89 pts (+8.37pts, +0.53%)
The FBM KLCI (+0.5%) advanced alongside with its regional peers on report that Hong Kong's Extradition Bill may be withdrawn. The immediate resistance is located at 1,620.

Crude Palm Oil: RM2,187 (+RM6, +0.28%)
Crude palm oil prices recovered some of its previous session losses, taking cue from the higher soybean and petroleum prices. The immediate support is located around RM2,100.

WTI Crude Oil: $56.26 (+$2.32, +4.29%)
Crude oil prices rallied on the positive economic data from China that could fuel demand. The immediate resistance is located at US$58.

Gold: $1,552.55 (+$5.45, +0.35%)
Gold prices trended higher for the third straight session as the Greenback retreated against a basket of currencies. The immediate resistance is located around $1,600.

Economic Releases:
JP - Japan's Nikkei Services PMI, 8.30AM
CN - China's Caixin Services PMI, 9.45AM
CN - China's Caixin Composite PMI, 9.45AM
EU - Eurozone's Markit Services PMI, 4.00PM
EU - Eurozone's Markit Composite PMI, 4.00PM
EU - Eurozone's Retail Sales, 5.00PM

Stock Name: KRONO (0176)
Entry: Buy above RM0.59
Target: RM0.625 (5.9%), RM0.645 (9.3%)
Stop: RM0.565 (-4.2%)
Shariah: Yes
Technical: Bullish engulfing candle

Stock Name: ECONBHD (5253)
Entry: Buy above RM0.775
Target: RM0.82 (5.8%), RM0.88 (13.5%)
Stop: RM0.73 (-5.8%)
Shariah: Yes
Technical: Trendline breakout

Source: Bloomberg, M+ Online

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