Dow Jones: 27,147.08 pts (+36.28pts, +0.13%)
Once again, Wall Street finished higher as the Dow (+0.1%) closed in the positive territory, lifted by late buying after the U.S. Federal Reserve announced that another 25 basis points of its benchmark interest rates will be cut. The immediate resistance is located at 27,400.

FBM KLCI: 1,599.49 pts (-4.81pts, -0.30%)
The FBM KLCI (-0.3%) erased all its' previous session gains on the weakness in selected plantation heavyweight as crude palm oil prices retreated. The immediate support is located at 1,590.

Crude Palm Oil: RM2,260 (-RM25, -1.09%)
Crude palm oil prices retreated, taking cue from the lower soybean oil prices overnight. The immediate support is located around RM2,200.

WTI Crude Oil: $58.11 (-$1.23, -2.07%)
Crude oil prices extended its losses as Saudi Arabia looks to restore their production as soon as possible. The immediate resistance is located at US$64.

Gold: $1,494.00 (-$7.38, -0.49%)
Gold prices retreated as the Greenback fell after the U.S. Federal Reserve trims its benchmark interest rates by 25 basis points. The immediate support is located around $1,450.

Economic Releases:
JP - Japan's Bank of Japan's Interest Rate Decision, 11.00AM
UK - United Kingdom's Retail Sales, 4.30PM
UK - United Kingdom's Bank of England's Quantitative Easing, 7.00PM
UK - United Kingdom's Bank of England's Interest Rate Decision, 7.00PM
US - United States' Existing Home Sales, 10.00PM

M+ Online Technical Trading Stocks - 19Sep19

Stock Name: Kelington Group Bhd (0151)
Entry: Buy above RM1.27
Target: RM1.36 (7.1%), RM1.40 (10.2%)
Stop: RM1.21 (-4.7%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: Ewein Bhd (7249)
Entry: Buy above RM0.625
Target: RM0.655 (4.8%), RM0.68 (8.8%)
Stop: RM0.60 (-4.0%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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