Indices Performance Chart - 29 Jul 17

Most markets closed higher while US markets closed mixed.  Dow created a new historic high.
Harpex surged 5% in a week.
Dollar Index rebounded, broke lhf and sell down continues.

This week various countries will report Manufacturing PMI.  On Fri, US will release Nonfarm Payrolls and unemployment rate data.

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.  On the weekly chart, Dow broke lhf and created a new historic high. S&P and Nasdaq closed with a small roc.  Russell created new historic high but failed to sustain and closed with a -roc.

Corporate earning continue to come in, Fri Nonfarm Payrolls and unemployment rate.

Dow

Daily UT, Weekly UT
Potential resistance around 23,462

Potential support around TLU6, 21,451, TLU11, TLU5, 21,099, 20,756, TLU2, 19,968

S&P
Daily UT, Weekly UT

Potential resistance around TLU5, TLU1,2,522, 2,758
Potential support around 2,450, 2,392, 2,366, 2,337, 2,285, 2,187

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

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

Key event to watch out  (SG Time)

31 Jul, Mon

• 0900 CNY Manufacturing PMI (Jul)
• 1700 EUR CPI (YoY) (Jul) 
• 2200 USD Pending Home Sales (MoM) (Jun) 

01 Aug, Tue

• 0945 CNY Caixin Manufacturing PMI (Jul)   
• 1230 AUD RBA Interest Rate Decision (Aug) 
• 1230 AUD RBA Rate Statement   
• 1555 EUR German Manufacturing PMI (Jul)   
• 1555 EUR German Unemployment Change (Jul) 
• 1630 GBP Manufacturing PMI (Jul) 
• 1700 EUR Europe GDP (QoQ) (Q2)  
• 2200 USD ISM Manufacturing PMI (Jul)   

02 Aug, Wed

• 0645 NZD Employment Change (QoQ) (Q2)
• 1630 GBP Construction PMI (Jul) 
• 2015 USD ADP Nonfarm Employment Change (Jul) 
• 2230 USD Crude Oil Inventories

03 Aug, Thu

• 1630 GBP Services PMI (Jul) 
• 1900 GBP BoE Inflation Report  
• 1900 GBP BoE Interest Rate Decision (Jul)   
• 1900 GBP BoE MPC Meeting Minutes     
• 1930 GBP BoE Gov Carney Speaks     
• 2200 USD ISM Non-Manufacturing PMI (Jul)

04 Aug, Fri

• 0930 AUD Retail Sales (MoM) (Jun) 
• 2030 USD Nonfarm Payrolls (Jul)
• 2030 USD Unemployment Rate (Jul)   
• 2030 USD Employment Change (Jul) 
• 2200 CAD Ivey PMI (Jul)