SUMMARY
- Wall St closed 2.3% higher, following a fiscal cliff deal. US Senate passed a budget deal with spending cuts. This would postpone Congress’ fiscal feud, until February, over raising the USD16.4 trillion debt limit.
- Dow of 13,412, is heading for a test on the resistance of 13,661. RSI of 61, is rebounding.
- DOLLAR INDEX is higher at 79.8. Resistance is at 80.2.
- Crude oil is higher at USD93.1. Resistance is at 95.3.
- Dollar yen is higher at 87.2 yen. Resistance is at 93.0.
- Euro/dollar is lower at 1.318. Support is at 1.302.
- Gold is higher at USD1688. Support is at 1630.
- Shanghai closed higher at 2269.
- Singapore STI closed higher at 3,201.
- Ringgit is stronger at 3.032. Upside is at 3.02.
- S’pore ringgit is lower at 2.485. Support is at 2.477.
- Malaysian market closed lower at 1674. On the Daily chart, the downside is supported at 1666. RSI of 63, is on a small pullback. Today’s range is between 1672 and 1682.
- CPO March futures is higher at RM2501. Resistance is at 2570.
- Trading : PERDANA (7108 : 1.11 ) : Targeting 1.29/Stop loss 1.07, QL (7084 : 3.13 ) : Targeting 3.30/Stop loss 3.08, HIBISCS (5199 : 1.46 ) : Targeting 1.65/Stop loss 1.40
No comments:
Post a Comment