Friday, November 6, 2009

Breaking News-RTRS-POLL-Malaysia's Oct palm oil stocks seen at 9-month high

RTRS-MALAYSIA'S END OCT PALM OIL STOCKS SEEN UP 15.3 PCT FROM SEPT AT 1.82 MLN TONNES - REUTERS POLL
RTRS-MALAYSIA'S OCT PALM OIL OUTPUT SEEN UP 16 PCT FROM SEPT - POLL
RTRS-MALAYSIA'S OCT PALM OIL EXPORTS SEEN UP 10.5 PCT FROM SEPT -POLL

DJI Daily: Waiting for a clearer direction


Market manage to hold ground at 9,600 levels and climbed to close at 10,000 resistance mark. However, it was not convincing enough despite prices close with a long white candle. We will wait to see a breakout from the either overhead resistance at 10,200 or the support at 9,600 may provide us a more clearer picture.