US Markets 23 Feb 19

On the weekly chart, US markets broke pwh and closed slightly higher with a small range for the week.

BDI edge lower to 634 (22 Feb) from 639 (15 Feb)
Harpex remained at 499.18 (15 Feb)

Dollar Index broke hlf in the weekly chart.

US govt had resumed but the COT data continue to be outdated.  To avoid any misleading, COT charts will not be posted for sharing.

Dow

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

Potential support around 25,784, 25,645, 25,326, 24,837, 24,170, 23,567

S&P
Daily UT, Weekly Neutral

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

Potential support around 2,786, 2,747, 2,710, 2,593 2,551, 2,506, 2,480, 2,450

Nasdaq
Daily UT, Weekly UT

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

Potential support around 6,982, 6,516, TLU3, TLU4, 6,346, TLU4, 6,261, 6,061, 5,950

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

Potential support around 1,585, 1,543, 1,519, 1,508, 1,451, 1,420, 1,388

Key event to watch out  (SG Time)
25 Feb, Mon

• No important data

26 Feb, Tue

• 1800 UK Inflation Report Hearings  
• 2030 UK Prime Minister Theresa May speech
• 2130 US Building Permits (Dec)
• 2300 US CB Consumer Confidence (Feb) 
• 2300 US Fed Chair Powell Testifies  

27 Feb, Wed

• 2130 US Core Durable Goods Orders (MoM) (Jan)
• 2130 Canada Core CPI (MoM) (Jan)
• 2300 US Pending Home Sales (MoM) (Jan)
• 233 US Crude Oil Inventories 

28 Feb, Thu

• 0200 UK Parliamentary vote on Brexit
• 0900 China Manufacturing PMI (Feb)
• 2115 US Fed's Chair Powell speech 
• 2130 US GDP (QoQ) (Q4)  

01 Mar, Fri

• 0945 China Caixin Manufacturing PMI (Feb) 
• 1655 German Manufacturing PMI (Feb)
• 1655 German Unemployment Change
• 1730 UK Manufacturing PMI (Feb)
• 1800 Europe Consumer Price Index
• 1800 Europe CPI (YoY) (Feb)  
• 2130 Canada GDP (MoM) (Dec)
• 2300 US ISM Manufacturing PMI (Feb)