The US market hits a historic high.
While Harpex and CCFI continued to close higher, BDI and CDFI reversed to close higher.
The dollar index broke its previous week's low and closed lower.
Watch out for
- Speech by Fed Chair Powell
- US NFP
- Manufacturing and Services PMI from multiple countries
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 (1)
- 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 UT, Weekly UT
Daily UT, Weekly UT
Potential resistance around 52,533
Potential support around 50,403, 48,273, 46,144
S&P
Daily UT, Weekly UT
Daily UT, Weekly UT
Potential resistance around 7,693
Potential support around 7,458, 7,222, 6,987
Nasdaq
Daily UT, Weekly UT
Daily UT, Weekly UT
Potential resistance around 30,822, 31,45
Potential support around 30,100, 29,378, 28,655
Russell
Daily UT, Weekly UT
Daily UT, Weekly UT
Potential resistance around 2,951, 3,081
Potential support around 2,821, 2,691, 2,561
Key event to watch out for (SG Time, GMT+8)
01 Jun, Mon
- New Zealand on holiday
- 0830 US Fed Chair Powell Speaks
- 1400 UK Nationwide HPI (YoY) (May)
- 1500 Switzerland GDP (QoQ) (Q1)
- 1555 Germany HCOB Manufacturing PMI (May)
- 1600 Europe HCOB Manufacturing PMI (May)
- 1630 UK S&P Global Manufacturing PMI (May)
- 1700 Europe Unemployment Rate (Apr)
- 2145 US S&P Global Manufacturing PMI (May)
- 2200 US ISM Manufacturing PMI (May)
02 Jun, Tue
- 0930 Australia Building Approvals (MoM) (Apr)
- 1700 Europe CPI (YoY) (May) ^P
- 1700 Europe Core CPI (YoY) (May) ^P
- 2200 US JOLTS Job Openings (Apr)
03 Jun, Wed
- 0930 Australia GDP (YoY) (Q1)
- 1555 Germany HCOB Services PMI (May)
- 1600 Europe HCOB Services PMI (May)
- 1630 UK S&P Global Services PMI (May)
- 2015 US ADP Nonfarm Employment Change (May)
- 2145 US S&P Global Services PMI (May)
- 2200 US ISM Non-Manufacturing PMI (May)
- 2230 US Crude Oil Inventories
04 Jun, Thu
- 2030 US Initial Jobless Claims
05 Jun, Fri
- 1700 Europe GDP (YoY) (Q1)
- 2030 US Nonfarm Payrolls (May)
- 2030 US Unemployment Rate (May)
- 2030 Canada Unemployment Rate (May)
Note
- ^P: Preliminary Release
