Dow Jones: 28,256.03 pts (-603.41pts, -2.09%)
⬆ Resistance: 28,500
⬇ Support: 28,000

FBM KLCI: 1,531.06 pts (-14.53pts, -0.94%)
⬆ Resistance: 1,650
⬇ Support: 1,615

Crude Palm Oil: RM2,604 (-RM48, -1.81%)
⬆ Resistance: 2,700
⬇ Support: 2,465

WTI Crude Oil: $51.56 (-$0.37, -0.72%)
⬆ Resistance: 55.00
⬇ Support: 51.00

Gold: $1,589.16 (+$14.88, +0.95%)
⬆ Resistance: 1,600
⬇ Support: 1,550

M+ Online Technical Trading Stocks - 3 Feb 20

Stock Name: KRETAM (1996)
Entry: Buy above RM0.405
Target: RM0.445 (9.9%), RM0.475 (17.3%)
Stop: RM0.38 (-6.2%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: QL (7084)
Entry: Buy above RM8.18
Target: RM8.36 (2.2%), RM8.50 (3.9%)
Stop: RM8.00 (-2.2%)
Shariah: Yes
Technical: Bullish engulfing candle

Source: Bloomberg, M+ Online

Economic Releases For The Week Ahead:        

4/2/2020        
JP - Japan's Jibun Bank Manufacturing PMI, 8.30AM        
MY - Malaysia's Markit Manufacturing PMI, 8.30AM        
CN - China's Caixin Manufacturing PMI, 9.45AM        
EU - Eurozone's Markit Manufacturing PMI, 5.00PM        
US - United States' Markit Manufacturing PMI, 10.45PM        
US - United States' ISM Manufacrturing PMI, 11.00PM        
        
5/2/2020        
EU - Eurozone's Producer Price Index, 6.00PM        
US - United States' Factory Orders, 11.00PM        
        
6/2/2020        
JP - Japan's Jibun Bank Services PMI, 8.30AM        
JP - Japan's Jibun Bank Composite PMI, 8.30AM        
CN - China's Caixin Services PMI, 9.45AM        
CN - China's Caixin Composite PMI, 9.45AM        
EU - Eurozone's Markit Services PMI, 5.00PM        
EU - Eurozone's Markit Composite PMI, 5.00PM        
EU - Eurozone's Retail Sales, 6.00PM        
US - United States' Markit Services PMI, 10.45PM        
US - United States' Markit Composite PMI, 10.45PM        
US - United States' ISM Non-Manufacturing PMI, 11.00PM        
        
8/2/2020        
MY - Malaysia's Industrial Production, 12.00PM        
MY - Malaysia's Unemployment Rate, 12.00PM        
US - United States' Unemployment Rate, 9.30PM        
        
Source: Trading Economics, M+ Online

M+ Online Morning Market Buzz - 3 Feb 20 Errata on FBM KLCI support & resistance

Dow Jones: 28,256.03 pts (-603.41pts, -2.09%)
⬆ Resistance: 28,500
⬇ Support: 28,000

FBM KLCI: 1,531.06 pts (-14.53pts, -0.94%)
⬆ Resistance: 1,550
⬇ Support: 1,515

Crude Palm Oil: RM2,604 (-RM48, -1.81%)
⬆ Resistance: 2,700
⬇ Support: 2,465

WTI Crude Oil: $51.56 (-$0.37, -0.72%)
⬆ Resistance: 55.00
⬇ Support: 51.00

Gold: $1,589.16 (+$14.88, +0.95%)
⬆ Resistance: 1,600
⬇ Support: 1,550

Source: Bloomberg, M+ Online

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