YOUR MORNING COFFEE ' Monday 19/3/2012

SUMMARY
'' Wall St closed 0.15% lower, due to disappointing date. CPI rose to 0.4% in February, against 0.2% estimate. Industrial production unchanged, versus 0.5% estimate. Consumer sentiment index was
down to 74.3.
'' Dow of 13,232, is targeting 13,279. Previous high is 14,198. RSI of 69, is on a spike up. Caution is on the key support 12,970, which will be negative if breached.
'' Dollar Index is lower at 79.7. Downside is at 79.1.
'' Crude oil is higher at USD107.0. Resistance is at 114.0.
'' Dollar yen is lower at 83.4 yen. Resistance is at 85.6.
'' Euro/dollar is higher at 1.317. Support is at 1.292.
'' Gold is higher at USD1660. Downside is at 1625.
'' Shanghai closed higher at 2,404.
'' Singapore STI closed lower at 3,010.
'' Ringgit is firmer at 3.049. Downside is at 3.110.
'' S'pore ringgit is higher at 2.427. Resistance is at 2.440
'' Malaysian market closed lower at 1571. On the Daily chart, it broke
the 200 MA of 1504, indicating a further upward push to 1609. Support is at 1550. RSI of 54, is neutral. Today's range is between 1569 and 1577.
'' CPO April futures is higher at RM3393. Resistance is at 3400.
'' Trading :

 Source:Jupiter Securities Research 19 March 2012