Dow Jones: 28,734.45 pts (+11.60pts, +0.04%)
U.S. stockmarkets closed on a mixed note as the Dow rose 0.04% after the U.S. Federal Reserve kept the benchmark interest rate unchanged, but the S&P 500 fell 0.1% after falling into the negative territory in the final trading hour. The immediate resistance is located at 29,500.

FBM KLCI: 1,550.47 pts (-1.17pts, -0.08%)
The FBM KLCI (-0.1%) extended its' losses as investors remain downbeat on the unabated situation over the coronavirus outbreak. The immediate resistance is located at 1,565.

Crude Palm Oil: RM2,723 (+RM148, +5.75%)
Crude palm oil prices recorded its' biggest daily rebound since 2010, recovering from the panic selling from the previous session losses. The immediate resistance is located around RM2,800.

WTI Crude Oil: $53.48 (-$0.40, -0.75%)
Crude oil prices retreated after U.S. inventory rose at the quickest pace since November 2019. The immediate support is located at US$50.

Gold: $1,576.83 (+$9.66, +0.62%)
Gold prices recovered most of its' previous session losses amid the lingering concern over the coronavirus outbreak. The immediate resistance is located around $1,600.

Economic Releases:
MY - Malaysia's Producer Price Index, 12.00PM
EU - Eurozone's Business Confidence, 6.00PM
EU - Eurozone's Services Sentiment, 6.00PM
EU - Eurozone's Economic Sentiment, 6.00PM
EU - Eurozone's Industrial Sentiment, 6.00PM
EU - Eurozone's Consumer Confidence, 6.00PM
EU - Eurozone's Unemployment Rate, 6.00PM
UK - United Kingdom's Bank of England's Interest Rate Decision, 8.00PM

M+ Online Technical Trading Stocks - 30 Jan 20

Stock Name: DPIH (0205)
Entry: Buy above RM0.185
Target: RM0.20 (8.1%), RM0.21 (13.5%)
Stop: RM0.175 (-5.4%)
Shariah: No
Technical: Monitor for breakout

Stock Name: OCK (0172)
Entry: Buy above RM0.61
Target: RM0.665 (9.0%), RM0.705 (15.6%)
Stop: RM0.575 (-5.7%)
Shariah: No
Technical: Bullish engulfing candle

Source: Bloomberg, M+ Online

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