Opened gap up this morning @ 1607, from last Friday closing 1600. It then went up to the highest of 1611.5, before retracing lower to sideways movement, and after closing of FBMKLCI, a drop to 1602 level before the close for FKLI ended @ 1604.
Resistance @ 1613.5 - 1624 - 1634
Support @ 1600 - 1597.5 - 1586
Breakout point - 1604 / 05 level.
DJIA - 56.23 / -0.44% as of 10.49pm.
Some news to follow :
US Manufacturing Drops - First time in the two years, fell to 49.7 from May of 53.5, and it is the lowest reading since July 2009.
Construction Spending Grows - rose to its highest level in nearly 2 1/2 yrs in May - investment in residential & federal government projects surged.
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