Dow Jones: 18,120.17 pts (-3.63pts, -0.02%)
Wall Street ended marginally lower as profit taking activities continue to be noted ahead of the FOMC meeting this week. The Dow traded strongly towards the 18,250 level before closing marginally lower for the session.

FBM KLCI: 1,651.71 pts (-1.28pts, -0.08%)
The FBM KLCI extended its correction below the 1,660 level. As the MACD Line is below zero, the FBM KLCI may trade towards the 1,630 level over the near term.

Crude Palm Oil: RM2,642 (+RM77, +3.00%)
Crude palm oil price gained positive momentum amid weaker Ringgit, next resistance will be envisaged around the RM2,700 level.

WTI Crude Oil: $43.30 (+$0.27, +0.63%)
Crude oil trended sideways just below the EMA120 level. Trading range will be seen around the US$42-US$44 levels.

Gold: $1,313.19 (+$2.84, +0.22%)
Gold experienced a short term technical rebound above the US$1,300 level amid weaker US dollar. Also, traders will be focusing on the FOMC meeting over the next two days on the interest rate status. 

Bursa Malaysia Trade Statistics - 19Sep16
Institutions:  Net SELL 77.7 mln (52.9%)
Retail:  Net BUY 10.3 mln (17.6%)
Foreign:  Net BUY 67.4 mln (29.5%)

Potential Momentum Stocks - 20Sep16 
Stock Name: INSAS (3379)
Entry: Buy above RM0.72
Target: RM0.78 (8.3%), RM0.81 (12.5%)
Stop: RM0.69 (-4.2%)
Shariah: No
Technical: Flag formation breakout

Stock Name: MIKROMB (0112)
Entry: Buy above RM0.52
Target: RM0.56 (7.7%), RM0.585 (12.5%)
Stop: RM0.50 (-3.8%)
Shariah: Yes
Technical: Flag formation breakout

Source: Bloomberg, M+ Online

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