YOUR MORNING COFFEE ' Thursday 27/9/2012
SUMMARY
Wall St closed 0.3% lower over unrest in Spain and Greece. New home sales declined 0.3% in August.
Dow of 13,413, is slightly weak. Support is at 13,400. RSI of 54, is weakening.
DOLLAR INDEX is higher at 79.8. Resistance is at 80.5.
Crude oil is lower at USD90.0. Support is at 87.0.
Dollar yen is lower at 77.7 yen. Support is at 77.6.
Euro/dollar is lower at 1.287. Resistance is at 1.320.
Gold is lower at USD1753. Support is at 1720.
Shanghai closed lower at 2,004.
Singapore STI closed lower at 3,046.
Ringgit is weaker at 3.080. Downside is at 3.09.
S'pore ringgit is lower at 2.500. Upside is at 2.540.
Malaysian market closed higher at 1619. On the Daily chart, it is targeting 1710 over a longer term. Support is at 1618. RSI of 42, is on a buy divergence. Today's range is between 1614 and 1624.
CPO Dec futures is lower at RM2619. Support is at 2600.
Trading : DIGI ( 6947 : 5.07 ) : Targeting 5.32/Stop loss 4.98, SUPERMX ( 7106 : 2.01 ) : Targeting 2.46/Stop loss 1.92
Source:Jupiter Securities Research, 27 September 2012