US Markets 25 Aug 18

US markets closed higher.  S&P, Nasdaq and Russell created the historic high.

BDI and Harpex moved lower.

Dollar index tested 95.0 support and closed above it.

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 

• 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

Dow

Daily UT, Weekly UT
Potential resistance around 26,627, 26,976, 19,106

Potential support around 25,784, 25,649, 25,336, 24,481, 24,170, 23,567

S&P
Daily UT, Weekly UT

Potential resistance around 2,983, 3,219

Potential support around 2,874, 2,863, 2,825, 2,814, 2,786, 2,748, 2,710, 2,593

Nasdaq
Daily UT, Weekly UT

Potential resistance around 7,516, TLU7, 7,706

Potential support around 7,282, 7,134, 6,982, TLU6, 6,857, 6,346, 6,261

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

Potential support around 1,708, 1,683, 1,624, 1,609, 1,585, 1,543, 1,519

Key event to watch out  (SG Time)

27 Aug, Mon

• UK holiday
• 1600 German Ifo Business Climate Index  

28 Aug, Tue

• 1800 UK Inflation Report Hearings
• 2030 US Advance Goods Trade Balance (JUL)
• 2200 US CB Consumer Confidence (Aug)

29 Aug, Wed

• 2030 US GDP (QoQ) (Q2)
• 2200 US Pending Home Sales (MoM) (Jul) 
• 2230 US Crude Oil Inventories

30 Aug, Thu

• 1555 German Unemployment Change (Aug)
• 2030 Canada GDP (MoM) (Jun)

31 Aug, Fri

• 0900 China Manufacturing PMI (Aug)
• 1700 Europe CPI (YoY) (Jul)
• 2200 US Michigan Consumer Sentiment Index