SUMMARY
- Wall St closed 0.15% higher, on shift of focus to the US Presidential election, 6 November, and the concern over the fiscal cliff where tax hike and budget cuts kick in January 2013. ISM services index dipped to 54.2, lower than expected.
- Dow of 13,112, has found a support at 13,039. RSI of 39, is recovering.
- DOLLAR INDEX is higher at 80.7. Resistance is at 82.0.
- Crude oil is higher at USD85.6. Support is at 82.0.
- Dollar yen is lower at 80.2 yen. Resistance is at 80.5.
- Euro/dollar is lower at 1.280. Support is at 1.2750.
- Gold is higher at USD1686. Support is at 1643.
- Shanghai closed lower at 2,114.
- Singapore STI closed lower at 3,031.
- Ringgit is weaker at 3.065. Downside is at 3.09.
- S’pore ringgit is higher at 2.504. Upside is at 2.540.
- Malaysian market closed lower at 1654. On the Daily chart, it is targeting 1710 over a longer term. Support is at 1648. RSI of 44, is down. Today’s range is between 1650 and 1660.
- CPO Jan futures is lower at RM2411. Support is at 2320.
- Trading : BRIGHT ( 9938 : 1.63 ) : Take profit, TMCLIFE ( 0101 : 0.335 ) : Tight stop loss 0.32
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