Indices Performance Chart - 30 Apr 16

Most markets closed lower this week.

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

• S&P (decreased for few weeks)
• Nasdaq (increased for 1st week)
• Russell (decreased for 2nd week)

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

US markets closed lower this week. DOW, S&P and Nasdaq broke pwl. A new diff is formed and all closed below the Diff.  On daily charts, US markets broke hlf in 2et. Manufacturing PMI, Payrolls data and unemployment rate will bring some volatility.

Dow

Daily UT, Weekly Neutral

Potential resistance around 17,829, TLU4, 18,189, 18,637, TLU2, TLU9, TLU5

Potential support around  TLD3, 17,600, 17,271, TLD2, TLD1, 17,083

S&P

Daily UT, Weekly DT

Potential resistance around 2,081, TLD3, 2,102, TLU4, 2,116, 2,129, 2,137, TLU5

Potential support around 2,061, 2,045, 2,028, 1,996, 1,973

Nasdaq

Daily UT, Weekly Neutral

Potential resistance around 4,347, 4,537, TLD3, 4,640, TLU1, 4,682, 4,772

Potential support around 4,271, TLD2, TLU2, 4,193, 4,089

Russell

Daily UT, Weekly DT

Potential resistance around 1,137, TLU2, 1,164, 1,185, 1,213

Potential support around TLD4, 1,114, 1,082, 1,049

Key event to watch out  (SG Time)

02 May, Mon

• China, HK, Singapore and UK holiday
• 0945 CNY Caixin Manufacturing PMI (Apr)
• 1555 EUR German Manufacturing PMI (Apr)   
• 2200 USD ISM Manufacturing PMI (Apr)   

03 May, Tue

• Japan Holiday
• 0945 CNY Caixin Manufacturing PMI (Apr)   
• 1230 AUD Interest Rate Decision (May) 
• 1630 GBP Manufacturing PMI (Apr)   

04 May, Wed

• Japan Holiday
• 0645 NZD Employment Change (QoQ) (Q1)   
• 1630 GBP Construction PMI (Apr) 
• 2015 USD ADP Nonfarm Employment Change (Apr) 
• 2200 USD ISM Non-Manufacturing PMI (Apr) 
• 2230 USD Crude Oil Inventories 

05 May, Thu

• Japan and Switzerland Holiday
• 0930 AUD Retail Sales (MoM) (Mar) 
• 1630 GBP Services PMI (Apr) 

06 May, Fri

• 2030 USD Nonfarm Payrolls (Apr) 
• 2030 USD Unemployment Rate (Apr)   
• 2030 CAD Employment Change (Apr)   
• 2200 CAD Ivey PMI (Apr)