Sunday, November 6, 2016

Indices Performance Chart - 05 Nov 16

Most markets closed lower across the board.

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

  • None
Neutral
  • None
DT
  • S&P
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


Due to US election uncertainty, US markets broke down to 3 months low.


Dow
Daily DT, Weekly UT
Potential resistance around TLD5, 18,189, TLU11, 18,367, 18,557, 18,669, TLU4
Potential support around 17,829, 17,600, 17,271, TLD3, 17,083

S&P
Daily DT, Weekly Neutral
Potential resistance around 2,102, 2,116, 2,129, 2,137, TLU4, TLU5, 2,161, 2,187, 2,285
Potential support around  2,081, TLD3, 2,061, 2,045, 2,028

Nasdaq
Daily DT, Weekly Neutral
Potential resistance around 4,682, 4,722, 4,816, 4,896, TLU1, 5,538
Potential support around 4,640, 4,537, TLU2, 4,347, 4,271 

Russell
Daily DT, Weekly Neutral
Potential resistance around 1,164, 1,185, 1,213, TLU2, 1,240, TLU5, 1,259(4)
Potential support around 1,137, 1,114, 1,082, 1,049

Key event to watch out  (SG Time)
07 Nov, Mon
  • End of Daylight saving for US
  • No important data
08 Nov, Tue
  • U.S. Presidential Election
  • 1021 CNY Trade Balance (USD) (Oct)
  • 1730 GBP Manufacturing Production (MoM) (Sep)
09 Nov, Wed
  • 0930 CNY CPI (YoY) (Oct) 
  • 2330 USD Crude Oil Inventories
10 Nov, Thu
  • 0400 NZD Interest Rate Decision 
11 Nov, Fri
  • No important data

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