Dow Jones: 26,728.15 pts (+372.68pts, +1.41%)
U.S. stockmarkets cheered on the trade optimism surrounding the resumption of U.S. and China trade negotiations as the Dow jumped 1.4% higher. The immediate resistance is located at 27,000.

FBM KLCI: 1,599.75 pts (-0.14pts, -0.01%)
The FBM KLCI (-0.01%) bucked the mostly positive performance across its regional peers, dragged down by quick profit taking activities in selected index heavyweights yesterday. The immediate resistance is located at 1,620.

Crude Palm Oil: RM2,187 (-RM5, -0.23%)
Crude palm oil prices closed mildly lower after erasing all its intraday gains on the appreciation of Ringgit against the Greenback. The immediate resistance is located around RM2,200.

WTI Crude Oil: $56.17 (-$0.09, +-0.16%)
Crude oil prices erased all its intraday gains to close mildly lower on concern over prospects of soft demand. The immediate resistance is located at US$58.

Gold: $1,519.05 (-$33.50, -2.16%)
Gold prices experienced its biggest daily decline in 14 months, wiping off all its previous three session gains as demand for safe haven assets nose-dived. The immediate support is located around $1,500.

Economic Releases:
EU - Eurozone's Retail PMI, 4.10PM
US - United States' Markit Composite PMI, 9.45PM
US - United States' Markit Services PMI, 9.45PM
US - United States' ISM Non-Manufacturing PMI, 10.00PM

Technical Trading Stocks - 6Sep19

Stock Name: MFCB (3069)
Entry: Buy above RM3.81
Target: RM4.03 (5.8%), RM4.10 (7.6%)
Stop: RM3.71 (-2.6%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: DIALOG (7227)
Entry: Buy above RM3.55
Target: RM3.66 (3.1%), RM3.80 (7.0%)
Stop: RM3.45 (-2.8%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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