US Markets 07 Jul 18

US markets closed higher.  On the weekly chart, S&P, Nasdaq and Russell broke lhf.

BDI end with a higher note at 1622 (06 Jul) from 1385 (29 Jun)
Harpex closed lower to 672.73 (29 Jun) from 676.9 (22 Jun)

Dollar Index consolidating, resisted at 95.

Due to a Federal holiday, COT data will be delayed for a few days.

Dow

Daily Neutral, Weekly UT
Potential resistance around 24,483, 25,784, 26,627, 26,976

Potential support around 24,170, 23,567, 23,435, 23,175, 22,776

S&P
Daily UT, Weekly UT

Potential resistance around 2,786, 2,825, 2,874

Potential support around  2,748, 2,710, 2,593, TLD1, 2,551, TLU1, 2,506

Nasdaq
Daily UT, Weekly UT

Potential resistance around 7,291, TLU7, 7,706

Potential support around 7,134, 6,982, TLU6, 6,857, 6,346, 6,261

Russell
Daily UT, Weekly UT
Potential resistance around 1,708, TLU3, 1,649, 1,779

Potential support around 1,666, 1,624, 1,609, 1,585, 1,543, 1,519, 1,508, 1,494, TLD1, 1,451

Key event to watch out  (SG Time)
09 Jul, Mon

• No important data

10 Jul, Tue

• 1630 UK Manufacturing Production (MoM) (May)
• 1630 UK Gross Domestic Product (MoM)
• 1700 German ZEW Economic Sentiment (Jul)
• 2200 US JOLTs Job Openings (May)

11 Jul, Wed

• 1500 Europe ECB President Draghi Speaks
• 2030 US PPI (MoM) (Jun
• 2200 Canada BoC Monetary Policy Report
• 2200 Canada BoC Interest Rate Decision 
• 2230 US Crude Oil Inventories
• 2315 Canada BOC Press Conference     
• 2335 UK BoE Gov Carney Speaks     

12 Jul, Thu

• 1930 Europe ECB Publishes Account of Monetary Policy Meeting  
• 2030 US Core CPI (MoM) (Jun)

13 Jul, Fri

• 2200 US Michigan Consumer Sentiment Index