SUMMARY
- Wall St closed 0.2% lower, as traders remained sideline. US FOMC was as expected, with no change in policy. New home sales rose 5.7% to a 2 year high.
- Dow of 13,077, is on a pullback. Support is at 12,977. RSI of 33, is approaching oversold.
- DOLLAR INDEX is higher at 79.9. Resistance is at 80.4.
- Crude oil is lower at USD85.3. Support is at 82.0.
- Dollar yen is higher at 79.9 yen. Resistance is at 80.2.
- Euro/dollar is lower at 1.297. Resistance is at 1.3400.
- Gold is lower at USD1707. Support is at 1643.
- Shanghai closed higher at 2,115.
- Singapore STI closed lower at 3,048.
- Ringgit is firmer at 3.054. Downside is at 3.09.
- S’pore ringgit is lower at 2.500. Upside is at 2.540.
- Malaysian market closed higher at 1667. On the Daily chart, it is
- targeting 1710 over a longer term. Support is at 1660. RSI of 64, is on
- a buy divergence. Today’s range is between 1664 and 1674.
- CPO Jan futures is higher at RM2564. Support is at 2316.
- Trading : UEMLAND ( 5148 : 2.15 ) : Take profit, TEBRAU ( 1589 : 0.71 ) : Targeting 0.80/Stop loss 0.67, KUB ( 6874 : 0.50 ) : Targeting 0.57/Stop loss 0.48
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