Market News - 11 Nov 2009

·         Wall St up 0.2%. Markets have quietened after the strong upkick on Monday. Commodities and dollar unchanged.

·         Dow of 10,246. Resistances at 10,300, 10,500, 10,800

·         Dollar unchanged at 89.9 yen.

·         Crude oil unchanged at USD79, targeting USD84

·         Gold is at USD1,102. Targeting USD1137

·         Ringgit of 3.38, is stronger. Upside is at 3.36

·         S’pore ringgit is on a small pullback to 2.437. With a pullback support at 2.42, the long term upside is at 2.52

·         Malaysia market closed higher at 1273. Upside is at 1281, 1294. Support is 1268 price gap.

·         CPO Dec futures of RM2244, on support at RM2100 price gap, is targeting the price gap of RM2340 of 1/9/09.