US Markets 10 Nov 18

On the weekly chart, US markets broke lhf (except for DOW, broke pwh) but gained was trimmed before closing.

BDI and Harpex continue to slide down.

Dollar Index tested and closed above the resistance.

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

• None

Neutral 

• None

DT 

• Nasdaq

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 Neutral, Weekly UT
Potential resistance around 26,627, TLU11, 26,976, 29,106

Potential support around 25,784, 25,649, 25,336, 24,841, 24,170, 23,567, 23,435, TLU6, 23,175

S&P
Daily DT, Weekly UT

Potential resistance around 2,786, 2,814, 2,825, 2,874, 2,940, 2,983, 3,219

Potential support around 2,710, 2,593 2,551, 2,506, 2,480, 2,450, 2,406, 2,392, 2,366

Nasdaq
Daily DT, Weekly UT

Potential resistance around 7,134, 7,282, TLU6, 7,516, 7,706, TLU7, 8,428

Potential support around 6,982, 6,857, TLU3, 6,346, TLU4, 6,261

Russell
Daily DT, Weekly UT
Potential resistance around 1,585, 1,609, 1,624, 1,683, 1,708, 1,743

Potential support around 1,543, 1,519, 1,508, 1,494, 1,451, 1,420, 1,388 TLU3, 1,341, 1,296

Key event to watch out  (SG Time)

12 Nov, Mon

• No important data

13 Nov, Tue

• 1730 UK Average Earnings Index +Bonus (Sep) 
• 1730 UK Claimant Count Change (Oct)
• 1800 German ZEW Economic Sentiment (Nov) 

14 Nov, Wed

• 0750 Japan GDP (QoQ) (Q3)
• 1000 China Industrial Production (YoY) (Oct)   
• 1500 German GDP (QoQ) (Q3)  
• 1730 UK CPI (YoY) (Oct)  
• 1800 Europe GDP (QoQ) 
• 2130 US Core CPI (MoM) (Oct)
• 2330 US Crude Oil Inventories

15 Nov, Thu

• 0705 US Fed Chair Powell Speaks
• 0830 Australia Employment Change (Oct)
• 1730 US Retail Sales (MoM) (Oct) 
• 2130 US Philadelphia Fed Manufacturing Index (Nov)
• 2130 US Retail Sales (MoM) (Oct) 

16 Nov, Fri

• 1800 Europe Consumer Price Index - Core (YoY)