Indices Performance Chart - 14 Apr 17

Almost all markets closed lower due to shorter trading week and geopolitical reasons. US markets continue with consolidation.
Dollar Index pulls back after testing resistance. It tested 100.3 support and closed above it.
Harpex broke 500 marks.

Be caution on profit taking after good corporate earning result announcement.

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

• None

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 

Despite US markets broke hlf on the weekly chart (except for Russell), US markets are consolidating within the expected range.

Dow

Daily UT, Weekly UT
Potential resistance around TLU5, TLU6, 21,451
Potential support around TLU11, TLU2, 19,968, TLU4, 19,440, 18,669, 18,557, TLU1, 18,367

S&P
Daily UT, Weekly UT
Potential resistance around TLU5, TLU1,2,522
Potential support around 2,285, 2,187, TLU4, 2,161, 2,137, 2,129, 2,116

Nasdaq
Daily UT, Weekly UT
Potential resistance around TLU4, TLU7, TLU5, 5,538, TLU3
Potential support around 5,237, TLU1, 5,041, 4,960, 4,896, 4,816

Russell
Daily Neutral, Weekly UT
Potential resistance around 1,389, TLU1, TLU3, TLU5, 1,519
Potential support around 1,341, 1,296, 1,287, 1,274, 1,259(4), 1,240, TLU2, 1,213

Key event to watch out  (SG Time)

17 Apr, Mon

• Australia, Hong Kong, Germany, France, UK public holiday
• 1000 CNY GDP (YoY) (Q1)
• 1000 CNY Industrial Production (YoY) (Feb) 

18 Apr, Tue

• 0830 AUD RBA Meeting Minutes
• 2030 USD Building Permits (Mar)

19 Apr, Wed

• 1700 EUR CPI (YoY) (Mar)
• 2230 USD Crude Oil Inventories

20 Apr, Thu

• 0645 NZD CPI (QoQ) (Q1) 
• 2030 USD Philadelphia Fed Manufacturing Index (Apr) 

21 Apr, Fri

• 1530 EUR German Manufacturing PMI (Apr) 
• 1630 GBP Retail Sales (MoM) (Mar)
• 2030 CAD Core CPI (MoM) (Mar)  
• 2200 USD Existing Home Sales (Mar)