The US market closed at historic highs, except for the Dow, which closed lower. The trend turned up for S&P, Nasdaq, and Russell.
While BDI and CDFI closed higher, CDFI closed lower, and Harpex remained unchanged.
The dollar index closed higher with an inside day.
Watch out for
- Interest rate decisions by Japan, Canada, the US, the UK and Europe
- China and US Manufacturing PMI
Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT
Instruments that show selling interest at extreme (2) by Dealer/Intermediary (sell-side participants)
UT
- Nasdaq
- Russell
- None
- None
Instruments that show selling interest at extreme (2) by Dealer/Intermediary (sell-side participants)
UT
- None
- None
- 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 are based on 50 Simple Moving Averages(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal
Dow
Daily DT, Weekly UT
Daily DT, Weekly UT
Potential resistance around 50,403, 52,533
Potential support around 48,273, 46,144, 44,014
S&P
Daily UT, Weekly UT
Daily UT, Weekly UT
Potential resistance around 7,222, 7,458
Potential support around 6,987, 6,751, 6,516
Nasdaq
Daily UT, Weekly UT
Daily UT, Weekly UT
Potential resistance around 27,933
Potential support around 27,210, 26,488, 25,766
Russell
Daily UT, Weekly UT
Daily UT, Weekly UT
Potential resistance around 2,821, 2,951
Potential support around 2,691, 2,561, 2,430
Key event to watch out for (SG Time, GMT+8)
27 Apr, Mon
- No important data
28 Apr, Tue
- 1100 Japan BoJ Interest Rate Decision
- 1430 Japan BoJ Press Conference
- 2200 US CB Consumer Confidence (Apr)
29 Apr, Wed
- Japan on holiday
- 0930 Australia CPI (YoY) (Q1)
- 2030 US Durable Goods Orders (MoM) (Mar)
- 2145 Canada BoC Interest Rate Decision
- 2230 US Crude Oil Inventories
30 Apr, Thu
- 0200 US Fed Interest Rate Decision
- 0230 US FOMC Press Conference
- 0930 China Manufacturing PMI (Apr)
- 0930 China Non-Manufacturing PMI (Apr)
- 1900 UK BoE Interest Rate Decision (Apr)
- 2015 Europe ECB Interest Rate Decision (Apr)
- 2015 Europe Deposit Facility Rate (Apr)
- 2030 US Core PCE Price Index
- 2030 US Initial Jobless Claims
- 2045 Europe ECB Press Conference
01 May, Fri
- China, Hong Kong, Germany and Switzerland on holiday
- 2145 US S&P Global Manufacturing PMI (Apr)
- 2200 US ISM Manufacturing PMI (Apr)
