Indices Performance Chart - 17 Jun 17

Most markets closed lower.  US markets closed mixed, no clear direction.  A quiet week ahead, not many important data.  Based the COT charts, I will be extra cautious.
Harpex continues to decline.  Metals closed lower.
Dollar Index broke 97.3 resistance but failed to hold before closing.

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 

US markets closed mixed.  Dow made new historic high, Nasdaq continue to pull back, S&P and Russell formed inside day in the weekly chart.  Based the COT charts, I will be extra cautious especially increase buying interest in Others while a decrease in Dealer.

Dow

Daily UT, Weekly UT
Potential resistance around 21,451, TLU6, 23,462

Potential support around TLU11, TLU5, 21,099, 20,756, TLU2, 19,968, TLU4, 19,440, 18,669

S&P
Daily UT, Weekly UT

Potential resistance around TLU5, TLU1,2,522, 2,758
Potential support around 2,392, 2,366, 2,337, 2,285, 2,187, TLU4, 2,161, 2,137

Nasdaq
Daily UT, Weekly UT
Potential resistance around 5,722, TLU7, 5,890, 6,261, 6,983
Potential support around TLU3, TLU5, 5,538, TLU4, 5,237, TLU1, 5,041

Russell
Daily UT, Weekly UT
Potential resistance around 1,420, TLU1, TLU3, TLU5, 1,519
Potential support around 1,389, 1,341, 1,296, 1,287, 1,274, 1,259(4), 1,240, TLU2, 1,213

Key event to watch out  (SG Time)

19 Jun, Mon

• No important data

20 Jun, Tue

• 0930 AUD RBA Meeting Minutes

21 Jun, Wed

• 0750 JPY BoJ Monetary Policy Meeting Minutes 
• 2200 USD Existing Home Sales (May)  
• 2230 USD Crude Oil Inventories

22 Jun, Thu

• 0500 NZD RBNZ Interest Rate Decision
• 0500 NZD RBNZ Rate Statement
• 2030 CAD Core Retail Sales (MoM) (Apr) 

23 Jun, Fri

• 1530 EUR German Manufacturing PMI (Jun)
• 2030 CAD Core CPI (MoM) (May)
• 2200 USD New Home Sales (May)