Daily Summary - 23 Jan 2013

YOUR MORNING COFFEE – Wednesday 23/1/2013

SUMMARY

• Wall St closed 0.4% higher due to good corporate earnings reports.
• Dow of 13,712, is heading for a test on the resistance of 14,000. RSI of 70, is up.
• DOLLAR INDEX is lower at 78.0. Support is at 79.2.
• Crude oil is higher at USD96.2. Resistance is at 96.6.
• Dollar yen is lower at 88.5 yen. Resistance is at 93.0.
• Euro/dollar is lower at 1.331. Support is at 1.315.
• Gold is higher at USD1692. Support is at 1630.
• Shanghai closed lower at 2315.
• Singapore STI closed lower at 3,219.
• Ringgit is weaker at 3.036. Upside is at 2.99.
• S’pore ringgit is higher at 2.477. Resistance is at 2.487.
• Malaysian market closed lower at 1628. On the Daily chart, the support is at 1610. RSI of 29, is oversold. Today’s range is between 1620 and 1640.
• CPO March futures is higher at RM2444. Support is at 2340.
• Trading :

Jupiter Securities Research - 23 January 2013