YOUR MORNING COFFEE ' Monday 26/3/2012

SUMMARY
'' Wall St closed 0.3% higher, lifted by commodities. Oil rose ahead of expectation of a cut in export from Iran. US new home sales of 313,000 annual rate, came in below expectation.
'' Dow of 13,080, is capped at 13,270, indicating a small pullback. RSI of 55, has turned down. Caution is on the key support 12,860, which will be negative if breached.
'' Dollar Index is lower at 79.3. Downside is at 78.6.
'' Crude oil is higher at USD106.8. Support is at 103.0.
'' Dollar yen is lower at 82.4 yen. Support is at 81.9.
'' Euro/dollar is higher at 1.326. Upside is at 1.347.
'' Gold is higher at USD1662. Upside is at 1728.
'' Shanghai closed lower at 2,349.
'' Singapore STI closed higher at 2,992.
'' Ringgit is firmer at 3.065. Downside is at 3.110.
'' S'pore ringgit is higher at 2.440. Resistance is at 2.440
'' Malaysian market closed higher at 1585. On the Daily chart, it broke the 200 MA of 1506, indicating a further upward push to 1609. Support is at 1550. RSI of 62, is up. Today's range is between 1580 and 1590.
'' CPO May futures is higher at RM3417. Support is at 3300.
'' Trading : HWGB ( 9601 : 0.405 ) : Stop loss 0.39, SAAG ( 9652 : 0.075 ) : Stop loss 0.065, AT ( 0072 : 0.30 ) : Profit taking, LEESK ( 8079 : 0.18 ) : Stop loss 0.15

 Brought to you by Jupiter Securities Research 26 March 2012