YOUR MORNING COFFEE ' Monday 27/2/2012

SUMMARY
'' Wall St closed 0.01% lower. Consumer sentiment index rose to 75.3, higher than expected. However, housing remains troubling, as new home sales declined.
'' Dow of 12,982, is targeting 13,279. Previous high is 14,198. Caution is on the key support 12,670, which will be negative if breached. RSI of 66, remains positive.
'' Dollar Index is lower at 78.3. Support is at 77.9.
'' Crude oil is higher at USD109.7. Resistance is at 114.0.
'' Dollar yen is higher at 81.0 yen. Resistance is at 81.7.
'' Euro/dollar is higher at 1.345. Resistance is at 1.354.
'' Gold is lower at USD1766. Upside is capped at 1827.
'' Shanghai closed higher at 2,439.
'' Singapore STI closed higher at 2,974.
'' Ringgit is firmer at 3.013. It is due for a correction, with support at 3.110.
'' S'pore ringgit is lower at 2.400. Support is at 2.370
'' Malaysian market closed higher at 1558. On the Daily chart, it broke the 200 MA of 1501, indicating a further upward push to 1576. Support is at 1556. RSI of 62, has stabilised. Today's range is between 1554 and 1564.
'' CPO April futures is lower at RM3238. Support is at 3023.
'' Trading : MAS ( 3786 : 1.40 ) : Buy below 1.36, PUNCAK ( 6807 : 1.42 ) : Targeting 1.68, NICORP ( 4464 : 0.52 ) : Targeting 0.61, UNISEM ( 5005 : 1.27 ) : Targeting 1.45

Source:Jupiter Securities Research