YOUR MORNING COFFEE ' Wednesday 28/3/2012

SUMMARY
'' Wall St closed 0.3% lower, as housing and consumer confidence dragged. S&P/Case-Shiller home prices at the lowest level since 2002. Consumer confidence index dipped to 70.2.
'' Dow of 13,197, has completed its small pullback at 13,002, indicating a resumption of upmove. The all time high is at 14,198. RSI of 60, has turned up. Caution is on the key support 12,860, which will be negative if breached.
'' Dollar Index is higher at 79.1. Downside is at 78.6.
'' Crude oil is higher at USD107.3. Support is at 103.0.
'' Dollar yen is higher at 83.1 yen. Support is at 81.9.
'' Euro/dollar is lower at 1.331. Upside is at 1.347.
'' Gold is lower at USD1681. Upside is at 1728.
'' Shanghai closed lower at 2,347.
'' Singapore STI closed higher at 3,014.
'' Ringgit is weaker at 3.067. Downside is at 3.110.
'' S'pore ringgit is higher at 2.438. Resistance is at 2.440.
'' Malaysian market closed higher at 1588. On the Daily chart, the upside of 1609 remains intact, with support at 1573. RSI of 63, is up. Today's range is between 1584 and 1594.
'' CPO May futures is higher at RM3492. Resistance is at 3630.
'' Trading : CENSOF ( 5195 : 0.415 ) : Oversold, WTK ( 4243 : 1.49 ) : Consolidation breakout, MAYBANK ( 1155 : 8.85 ) : Targeting 9.58, UNISEM ( 5005 : 1.48 ) : Stop loss 1.36

 Source:Jupiter Securities Research 28 March 2012