SUMMARY
- Wall St closed 0.3% lower, on worries over Europe and the fiscal cliff.
- Dow of 12,967, is heading for a test on the 13,290 resistance. RSI of
- 49, is recovering.
- DOLLAR INDEX is lower at 80.2. Support is at 79.6.
- Crude oil is lower at USD87.7. Resistance is at 93.0.
- Dollar yen is lower at 81.9 yen. Support is at 81.0.
- Euro/dollar is higher at 1.298. Resistance is at 1.302.
- Gold is higher at USD1750. Support is at 1643.
- Shanghai closed lower at 2,017.
- Singapore STI closed higher at 3,004.
- Ringgit is firmer at 3.051. Downside is at 3.09.
- S’pore ringgit is lower at 2.497. Upside is at 2.540.
- Malaysian market closed lower at 1607. On the Daily chart, the oversold RSI of 21, points to a limited downside, and a likely technical rebound to test the overhead resistance of 1644. Support is at 1595.
- Today’s range is between 1603 and 1613.
- CPO Feb futures is lower at RM2395. Support is at 2344.
- Trading : POS ( 4634 : 2.94 ) : Targeting 3.18/Stop loss 2.80
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