Sunday, December 4, 2016

Indices Performance Chart - 03 Dec 16

Markets closed mixed.

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



US markets closed mixed despite better than expected job data.  
In the weekly chart, Dow closed with a doji, Nasdaq and Russell broke hlf while S&P closed with inside day.  Markets are lack of strength to move higher.

Dow
Daily UT, Weekly UT
Potential resistance around 19,440, TLU2, TLU5, TLU6, 21,451
Potential support around TLU4, TLU11, 18,669, 18,557, 18,367, TLD4, 18,189, 17,829

S&P
Daily UT, Weekly UT
Potential resistance around TLU5, 2,285, 2,522
Potential support around 2,187, 2,161, TLU4, 2,137, 2,129, 2,116, 2,102, 2,081

Nasdaq
Daily UT, Weekly UT
Potential resistance around 4,816, 4,896, TLU1, 5,538
Potential support around 4,722, 4,682, 4,640, 4,537

Russell
Daily UT, Weekly UT
Potential resistance around TLU1, TLU5, 1389
Potential support around 1,296, 1,287, 1,274, 1,259(4), 1,240, TLU2, 1,213


Key event to watch out  (SG Time)
05 Dec, Mon
  • 1730 GBP Services PMI (Nov
  • 2300 USD ISM Non-Manufacturing PMI (Nov) 
06 Dec, Tue
  • 1130 AUD Interest Rate Decision (Dec)   
  • 2300 CAD Ivey PMI (Nov) 
07 Dec, Wed
  • 0830 AUD GDP (QoQ) (Q3)
  • 173 GBP Manufacturing Production (MoM) (Oct)
  • 2300 USD JOLTs Job Openings (Oct) 
  • 2300 CAD Interest Rate Decision
  • 2330 USD Crude Oil Inventories
08 Dec, Thu
  • 0750 JPY GDP (QoQ) (Q3) 
  • 1038 CNY Trade Balance (USD) (Nov)
  • 2045 EUR Interest Rate Decision (Dec)
09 Dec, Fri
  • 0930 CNY CPI (YoY) (Nov)

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