Sunday, January 22, 2017

Indices Performance Chart - 21 Jan 17

Markets closed mixed this week.


Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT
  • None
Neutral
  • None
DT
  • None

Instruments that show selling interest at extreme (2) by Dealer/Intermediary (sell-side participants)

UT
  • Dow
  • Russell
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 with small changed.  Nasdaq closed with doji on the weekly chart; show some form of weaknesses to go higher.



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

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

Nasdaq
Daily UT, Weekly UT
Potential resistance around TLU1, TLU4, TLU5, TLU3, 5,538
Potential support around 4,896, 4,816, 4,722, 4,682, 4,640, 4,537

Russell
Daily UT, Weekly UT
Potential resistance around TLU1, TLU5, 1389, TLU3, 1519
Potential support around 1,296, 1,287, 1,274, 1,259(4), 1,240, TLU2, 1,213


Key event to watch out  (SG Time)
23 Jan, Mon
  • 0700 EUR ECB President Draghi Speaks
24 Jan, Tue
  • 1630 EUR German Manufacturing PMI (Jan) 
  • 2300 USD Existing Home Sales (Dec) 
25 Jan, Wed
  • 0830 AUD CPI (QoQ) (Q4)
  • 1700 EUR German Ifo Business Climate Index (Jan) 
  • 2230 USD Crude Oil Inventories 
  • 2300 CAD BOC Rate Statement
26 Jan, Thu
  • Australia Holiday
  • 0545 NZD CPI (QoQ) (Q4)
  • 1730 GBP GDP (YoY) (Q4) 
  • 1730 GBP GDP (QoQ) (Q4) 
  • 2300 USD New Home Sales (Dec) 
27 Jan, Fri
  • China Holiday
  • 0930 AUD Producer Price Index (YoY)
  • 2130 USD GDP (QoQ) (Q4) 
  • 2130 USD Durable Goods Orders (Dec)

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