Dow Jones: 28,634.88 pts (-233.92pts, -0.81%)
U.S. stockmarkets erased most of their previous session gains as the Dow slipped 0.8% following the renewed geopolitical tension in the Middle East after a U.S. airstrike killed Iran’s top military commander. The immediate resistance is located at 29,000.

FBM KLCI: 1,611.38 pts (+8.88pts, +0.55%)
The FBM KLCI (+0.6%) ended the week on a positive note, boosted by gains in Petronas-related heavyweights on last Friday following the rally in crude oil prices. The immediate resistance is located at 1,620.

Crude Palm Oil: RM3,116 (-RM14, -0.45%)
Crude palm oil prices staged a mild pullback but recorded its' third straight weekly winning streak. The immediate resistance is located around RM3,200.

WTI Crude Oil: $63.05 (+$1.87, +3.10%)
Crude oil prices rallied on the back of potential supply disruption in from the Middle East. The immediate support is located at US$60.

Gold: $1,552.20 (+$23.07, +1.53%)
Gold prices trended sharply higher for the fifth consecutive day amid the rising geopolitical tension in the Middle East. The immediate resistance is located around $1,600.

Economic Releases:
JP - Japan's Nikkei Manufacturing PMI, 8.30AM
CN - China's Caixin Services PMI, 9.45AM
CN - China's Caixin Composite PMI, 9.45AM
UK - United Kingdom's Markit Services PMI, 5.30PM
UK - United Kingdom's Markit Composite PMI, 5.30PM

M+ Online Technical Trading Stocks - 6 Jan 20
Stock Name: UNISEM (5005)
Entry: Buy above RM2.32
Target: RM2.51 (8.2%), RM2.66 (14.7%)
Stop: RM2.13 (-8.2%)
Shariah: Yes
Technical: Monitor for trendline breakout

Stock Name: MHB (5186)
Entry: Buy above RM0.88
Target: RM0.915 (4.0%), RM0.945 (7.4%)
Stop: RM0.855 (-2.8%)
Shariah: Yes
Technical: Resistance breakout
Source: Bloomberg, M+ Online

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