Dow Jones: 28,462.14 pts (-183.12pts, -0.64%)
U.S. stockmarkets pullback from their record high levels as the Dow fell 0.6% on the U.S. military strikes in Iraq and Syria over the weekend, coupled with the weak reading in November trade deficit that fell to a more than 27-month low. The immediate resistance is located at 28,750.

FBM KLCI: 1,615.67 pts (+5.06pts, +0.31%)
The FBM KLCI (+0.3%) started off the week on a buoyant manner, boosted by the window dressing activities in selected index heavyweights. The immediate resistance is located at 1,620.

Crude Palm Oil: RM3,128 (+RM55, +1.79%)
Crude palm oil prices registered its' fourth day winning streak, taking cue from the stronger oil-related commodity prices. The immediate resistance is located around RM3,135.

WTI Crude Oil: $61.72 (-$0.05, -0.08%)
Crude oil prices finished mildly lower after erasing all its' intraday gains to snap a four-day winning streak on a muted trading session. The immediate resistance is located at US$64.

Gold: $1,515.16 (+$4.60, +0.30%)
Gold prices recovered all its' previous session losses as demand for safe haven assets rose amid the renewed volatility on Wall Street overnight. The immediate resistance is located around $1,550.

M+ Online Technical Trading Stocks - 31 Dec 19
Stock Name: IOIPG (5249)
Entry: Buy above RM1.23
Target: RM1.31 (6.5%), RM1.40 (13.8%)
Stop: RM1.15 (-6.5%)
Shariah: Yes
Technical: Resistance breakout

Stock Name: TUNEPRO (5230)
Entry: Buy above RM0.57
Target: RM0.595 (4.4%), RM0.61 (7.0%)
Stop: RM0.55 (-3.5%)
Shariah: No
Technical: Monitor for breakout
Source: Bloomberg, M+ Online

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