Indices Performance Chart - 30 Jul 16

Most markets closed higher this week.

Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT

• S&P (increased for 1st week)

Neutral

• None

DT

• None

Note

(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average

Nasdaq broke historic high but closed below it.  Russell edge higher closed above the strong resistance level.  Dow and S&P hovered within the Diff.
COT buying interest continue to decrease except S&P.

Dow

Daily UT, Weekly UT

Potential resistance around 18,560, TLU4, TLU2, TLU, TLU6

Potential support around 18,367, 18,189, TLD5, 17,829, 17,600

S&P

Daily UT, Weekly UT

Potential resistance around 2174

Potential support around 2,137, TLU4, 2,129, 2,116, 2,102, TLD3, 2,081

Nasdaq

Daily UT, Weekly Neutral

Potential resistance around TLU1

Potential support around 4,772, 4,682, 4,640, 4,537, TLD3, TLU2, 4,347

Russell

Daily UT, Weekly Neutral

Potential resistance around 1,240, 1,274, 1,287, 1,296, TLU1

Potential support around 1,213, 1,185, TLU2, 1,164, TLU5, 1,137

Key event to watch out  (SG Time)

01 Aug, Mon

• Canada, Switzerland holiday
• 0900 CNY Manufacturing PMI (Jul) 
• 0945 CNY Caixin Manufacturing PMI (Jul)   
• 1555 EUR German Manufacturing PMI (Jul)
• 1630 GBP Manufacturing PMI (Jul)   
• 2200 USD ISM Manufacturing PMI (Jul)   

02 Aug, Tue

• 1230 AUD Interest Rate Decision (Aug)   
• 1230 AUD RBA Rate Statement
• 1630 GBP Construction PMI (Jul)  

03 Aug, Wed

• 0645 NZD Employment Change (QoQ) (Q2)  
• 1500 EUR Non-monetary policy's ECB meeting  
• 1630 GBP Services PMI (Jul)
• 2015 USD ADP Nonfarm Employment Change (Jul) 
• 2200 USD ISM Non-Manufacturing PMI (Jul)  
• 2230 USD Crude Oil Inventories 

04 Aug, Thu

• 0930 AUD Retail Sales (MoM) (Jun) 
• 1900 GBP BoE Inflation Report 
• 1900 GBP Interest Rate Decision (Aug) 
• 1900 GBP BoE MPC Meeting Minutes 
• 1900 GBP BoE Gov Carney Speaks     

05 Aug, Fri

• 0930 AUD RBA Monetary Policy Statement
• 2030 USD Nonfarm Payrolls (Jul) 
• 2030 USD Unemployment Rate (Jul) 
• 2030 CAD Employment Change (Jul) 
• 2200 CAD Ivey PMI (Jul)