Indices Performance Chart - 08 Oct 16

Markets closed mixed this week.

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

• None

Neutral

• None

DT

• S&P

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 with an inside day on the weekly chart.  The potential explosive movement may be coming after directionless for 2 consecutive weeks. Not many important data till Thu.

Dow
Daily DT, Weekly UT
Potential resistance around TLU11, 18,367, 18,557, 18,669, TLU4
Potential support around 18,189, TLD5, 17,829, 17,600, 17,271, TLD3, 17,083

S&P
Daily DT, Weekly UT
Potential resistance around 2,161, 2,187, 2,285 
Potential support around TLU4, 2,137, 2,129, 2,116, TLU5, 2,102, 2,081, TLD3, 2,061, 2,045

Nasdaq
Daily UT, Weekly UT
Potential resistance around 4,896, TLU1, 5,538
Potential support around 4,816, 4,722, 4,769, 4,816 (Historic high @ Mar 2000), 4,640, 4,537

Russell
Daily UT, Weekly UT
Potential resistance around 1,240, TLU5, 1,259(4), 1,274, 1,287
Potential support around 1,213, TLU2, 1,185, 1,164, 1,137

Key event to watch out  (SG Time)
10 Oct, Mon

• Canada, Hong Kong and Japan holiday
• No important data

11 Oct, Tue

• 1700 EUR German ZEW Economic Sentiment (Oct) 

12 Oct, Wed

• No important data

13 Oct, Thu

• 0200 USD FOMC Meeting Minutes
• 1039 CNY Trade Balance (USD) (Sep)
• 1900 GBP Interest Rate Decision 
• 1900 GBP BoE MPC Meeting Minutes 
• 2300 USD Crude Oil Inventories  

14 Oct, Fri

• 0930 CNY CPI (YoY) (Sep)
• 2030 USD Core Retail Sales (MoM) (Sep) 
• 2030 USD PPI (MoM) (Sep) 
• 2030 USD Retail Sales (MoM) (Sep)