Indices Performance Chart - 07 Oct 17

Asia and US closed higher while Europe closed mixed.
US markets created a historic high.
BDI rose, Harpex pull back.
Dollar Index broke 93 resistance level.

On 12 Oct, FOMC Minutes at 0200 Hrs while ECB President Draghi's Speech at 2230 Hrs.

Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)

UT

• Nasdaq

Neutral

• None

DT

• None

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

UT

• Dow

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 created a historic high.  On the weekly chart, Dow and Nasdaq broke lhf.  Russell continues the run-up for 4 consecutive weeks.

Dow

Daily UT, Weekly UT
Potential resistance around 24,847

Potential support around 22,717, TLU11, 22,121, 22,027, TLU6, TLD1, 21,659

S&P
Daily Neutral, Weekly UT

Potential resistance around TLU1, 2,748

Potential support around 2,512, 2,480, 2,450, 2,406, 2,392, 2,366

Nasdaq
Daily Neutral, Weekly UT
Potential resistance around 6,261, TLU7, 6,983

Potential support around 6,003, 5,952, 5,890, TLD1, TLU3, TLU5, 5,722,  5,634

Russell
Daily UT, Weekly UT
Potential resistance around 1,519, TLU3, TLU5, 
Potential support around TLU1, 1,451, 1,420, 1,389, TLD1, 1,341

Key event to watch out  (SG Time)

09 Oct, Mon

• Canada and Japan holiday.
• No important data

10 Oct, Tue

• 1630 GBP UK Manufacturing Production (MoM) (Aug) 

11 Oct, Wed

• 2200 USD US JOLTs Job Openings (Aug)   

12 Oct, Thu

• 0200 USD FOMC Minutes*
• 2030 USD US PPI (MoM) (Sep)
• 2230 EUR ECB President Draghi's Speech
• 2300 USD Crude Oil Inventories

13 Sep, Fri

• 2030 USD US Core CPI (MoM) (Sep) 
• 2030 USD US Core Retail Sales (MoM) (Sep) 
• 2030 USD US Retail Sales (MoM) (Sep)