Global Weekly Technical (Week 30 May- 3 Jun, 16)

Standard & Poor 500

Updates & points to watch:

1. Last done: 2,099.06
2. Resistance level: 2,100
3. Support level: 2,039
4. RSI: 61.40/ Bullish signal
5. MA50/ MA200: 2,066/ 2,010
6. Trend: Broke MA50, testing resistance

Kuala Lumpur Composite Index

Updates & points to watch:

1. Last done: 1637.19
2. Resistance zone: 1,724-1,745
3. Support zone: 1,623-1,641
4. MA200: 1,661
5. RSI: 41.86/ Bearish channel
6. Trend: Below MA20 & 50, bearish zone

Hang Seng Index

Updates & points to watch:

1. Last done: 20,576.77
2. Resistance level: 20,895
3. Support level: 19,739
4. MA50/ MA200: 20,558/ 21,206
5. RSI: 55.96/ Slightly bullish
6. Trend: Testing to stay above MA50

Nikkei 225

Updates & points to watch:

1. Last done: 16,834
2. Resistance level: 16,869
3. Support level: 16,524
4. MA50/ MA200: 16,660/ 17,903
5. RSI: 54.44/ Bullish mode
6. Trend: Consolidation mode

Deutscher Aktienindex

Updates & points to watch:

1. Last done: 10,286
2. Resistance zone: 10,158-10,292
3. Support level: 9,864
4. MA50/ MA200: 9,993/ 10,113
5. RSI: 60.58/ Bullish mode
6. Trend: Above MA50, bullish mode

Gold Futures

Updates & points to watch:

1. Last done: 1,213.80
2. Resistance zone: 1,237-1,264
3. Support level: 1,197
4. MA50/ MA200: 1,248/ 1,163
5. RSI: 33.06/ Bearish
6. Trend: Broke below MA50,  bearish mode

Crude Oil

Updates & points to watch:

1. Last done: 49.33
2. Support level: 48.51
3. RSI: 69.54/ Bullish mode
4. Trend: Broke 11-months resistance, observation needed

USDMYR

Updates & points to watch:

1. Last done: 4.0790
2. Resistance level: 4.1409
3. Support level: 3.8689
4. MA200: 4.1897
5. RSI: 61.46/ Bullish mode
6. Trend: Bullish, testing support

Disclaimer: Recommendation solely based on reliable sources and updates. It neither represents the interest nor the standpoints of any parties.

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