Monday, January 28, 2019

Dollar Index pull back

On the weekly charts, dollar Index tested 96.3 resistance and pull back to close lower with a -roc 
Resistance at 96.3, 97.3, TLU1, 98.7
Support at 95.0, 94.0, 93.3, 92.0, 90.6


COT for Dollar Index
No COT charts due to the shutdown of the federal government

Weekly chart with 50 SMA

Sunday, January 27, 2019

US Markets 26 Jan 19

On the weekly chart, US markets closed with a small roc. S&P, Nasdaq and Russell closed with an inside day.

BDI closed below 1000 at 905 (25 Jan) from 1,112 (18 Jan)
Harpex closed lower at 474.43 (18 Jan) from 478.01 (11 Jan)

Dollar Index pull back

No COT charts due to the shutdown of the federal government




Dow
Daily DT, Weekly DT
Potential resistance around 24,837, 25,326, 25,645, 25,784, 26,627, TLU11, 26,976, 29,106
Potential support around 24,170, 23,567, 23,435, TLU6, 23,175, 22,776, 22,121

S&P
Daily DT, Weekly DT
Potential resistance around 2,710, 2,747, 2,786, 2,814, 2,825, 2,874, 2,940, 2,983, 3,219
Potential support around 2,593 2,551, 2,506, 2,480, 2,450, 2,406, 2,392, 2,366

Nasdaq
Daily DT, Weekly DT
Potential resistance around 6,982, 7,134, 7,282, TLU6, 7,516, 7,706, TLU7, 8,428
Potential support around 6,516, TLU3, TLU4, 6,346, TLU4, 6,261, 6,061, 5,950

Russell
Daily DT, Weekly DT
Potential resistance around 1,508, 1,519, 1,543, 1,585, 1,609, 1,624, 1,683, 1,708, 1,743
Potential support around 1,451, 1,420, 1,388 TLU3, 1,341, 1,296

Key event to watch out  (SG Time)
28 Jan, Mon
  • 0750 Japan BoJ Monetary Policy Meeting Minutes
  • 2200 Europe ECB President Draghi Speaks     
  • 2230 UK BoE Gov Carney Speaks     
29 Jan, Tue
  • 2300 US CB Consumer Confidence (Jan) 
30 Jan, Wed
  • 0300UK UK Parliament vote on Brexit deal 
  • 0830 Australia CPI (QoQ) (Q4)
  • 2115 US ADP Nonfarm Employment Change (Jan)
  • 2130 US GDP (QoQ) (Q4)  
  • 2300 US Pending Home Sales (MoM) (Dec) 
  • 2330 US Crude Oil Inventories
31 Jan, Thu
  • 0300 US FOMC Statement
  • 0300 US Fed Interest Rate Decision 
  • 0300 US FOMC Press Conference     
  • 0900 China Manufacturing PMI (Jan)
  • 1130 Australia RBA Rate Statement
  • 1655 German Unemployment Change (Jan) 
  • 1800 Europe Gross Domestic Product s.a.
  • 2130 Canada GDP (MoM) (Nov)
01 Feb, Fri
  • 0830 Australia Producer Price Index
  • 0945 China Caixin Manufacturing PMI (Jan)
  • 1655 German Manufacturing PMI (Jan)
  • 1700 Europe Manufacturing PMI (Jan) 
  • 1730 UK Manufacturing PMI (Jan) 
  • 2130 US Nonfarm Payrolls (Jan)
  • 2130 US Unemployment Rate (Jan) 
  • 2300 US ISM Manufacturing PMI (Jan)

Monday, January 21, 2019

Dollar Index broke lhf

On the weekly charts, dollar index broke lhf and closed with a +roc.
Resistance at 96.3, 97.3, TLU1, 98.7
Support at 95.0, 94.0, 93.3, 92.0, 90.6

COT for Dollar Index
No COT charts due to the shutdown of the federal government

Weekly chart with 50 SMA


US Markets 19 Jan 19

On the weekly chart, US markets closed higher with a +roc for 4 consecutive weeks.  US markets may be going for another final run?

BDI closed 1,112 (18 Jan)
Harpex closed at 478.01 (11 Jan)

Dollar Index broke lhf on the weekly chart

No COT charts due to the shutdown of the federal government





Dow
Daily DT, Weekly DT
Potential resistance around 24,837, 25,326, 25,645, 25,784, 26,627, TLU11, 26,976, 29,106
Potential support around 24,170, 23,567, 23,435, TLU6, 23,175, 22,776, 22,121

S&P
Daily DT, Weekly DT
Potential resistance around 2,710, 2,747, 2,786, 2,814, 2,825, 2,874, 2,940, 2,983, 3,219
Potential support around 2,593 2,551, 2,506, 2,480, 2,450, 2,406, 2,392, 2,366

Nasdaq
Daily DT, Weekly DT
Potential resistance around 6,982, 7,134, 7,282, TLU6, 7,516, 7,706, TLU7, 8,428
Potential support around 6,516, TLU3, TLU4, 6,346, TLU4, 6,261, 6,061, 5,950

Russell
Daily DT, Weekly DT
Potential resistance around 1,508, 1,519, 1,543, 1,585, 1,609, 1,624, 1,683, 1,708, 1,743
Potential support around 1,451, 1,420, 1,388 TLU3, 1,341, 1,296

Key event to watch out  (SG Time)
21 Jan, Mon
  • US holiday
  • 1000 China GDP (YoY) (Q4) 
  • 1000 China Industrial Production (YoY) (Dec)
  • U.K. Prime Minister May Speaks     
22 Jan, Tue
  • 1730 UK Average Earnings Index +Bonus (Nov)
  • 1730 UK Claimant Count Change (Dec) 
  • 1800 German ZEW Economic Sentiment (Jan)
  • 2300 US Existing Home Sales (Dec)
23 Jan, Wed
  • 0645 New Zealand CPI (QoQ) (Q4)
  • 1000 Japan BoJ Monetary Policy Statement     
  • 1000 Japan BoJ Outlook Report (YoY) 
  • 1200 Japan BoJ Press Conference   
  • 2130 Canada Core Retail Sales (MoM) (Nov)
24 Jan, Thu
  • 0830 Australia Employment Change (Dec)
  • 1630 German Manufacturing PMI (Jan)  
  • 2045 Europe ECB Marginal Lending Facility 
  • 2045 Europe ECB Interest Rate Decision (Jan) 
  • 2130 Europe ECB Monetary policy statement and press conference
25 Jan, Fri
  • 0000 US Crude Oil Inventories
  • 2130 US Core Durable Goods Orders (MoM) (Dec) 
  • 2300 US New Home Sales

Monday, January 14, 2019

No update

There will be no update this week due to 
  1. the shutdown of the federal government, the Commitments of Traders report will not be published, therefore COT data is not available and 
  2. I was sick over the weekend.  
The update will resume next week even without COT data.