Indices Performance Chart - 25 Mar 17

Most markets closed lower with dollar index weakening.  BDI shot up near to last year high where Harpex broke 400 marks.  This week important data will be US GDP on Thu and China Manufacturing PMI on Fri.

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

UT

• None

Neutral

• None

DT

• None

Instruments that show selling interest at extreme (2) by Dealer/Intermediary (sell-side participants)

UT

• Dow

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 and broke hlf on the weekly charts.  After the sell-down on Tue, the markets are directionless. Markets need to break recent high to continue with the run.

Dow

Daily UT, Weekly UT
Potential resistance around TLU5, TLU6, 21,451
Potential support around TLU2, TLU11, 19,968, TLU4, 19,440, 18,669, 18,557, TLU1, 18,367

S&P
Daily UT, Weekly UT
Potential resistance around TLU5, TLU1,2,522
Potential support around 2,285, 2,187, TLU4, 2,161, 2,137, 2,129, 2,116

Nasdaq
Daily UT, Weekly UT
Potential resistance around TLU4, TLU5, 5,538, TLU3
Potential support around TLU7, TLU1, 5,041, 4,960, 4,896, 4,816

Russell
Daily UT, Weekly UT
Potential resistance around 1,389, TLU1, TLU3, TLU5, 1,519
Potential support around 1,341, 1,296, 1,287, 1,274, 1,259(4), 1,240, TLU2, 1,213

Key event to watch out  (SG Time)
27 Mar, Mon

• 1600 EUR German Ifo Business Climate Index (Mar) 

28 Mar, Tue

• 2030 USD Goods Trade Balance (Feb)
• 2200 USD CB Consumer Confidence (Mar)   
• 2210 CAD BoC Gov Poloz Speaks

29 Mar, Wed

• 2200 USD Pending Home Sales (MoM) (Feb)
• 2230 USD Crude Oil Inventories

30 Mar, Thu

• 2030 USD GDP (QoQ) (Q4) 

31 Mar, Fri

• 0900 CNY Manufacturing PMI (Mar) 
• 1600 EUR German Unemployment Change (Mar)
• 1630 GBP GDP (YoY) (Q4)
• 1700 EUR CPI (YoY) (Mar) 
• 2030 CAD GDP (MoM) (Jan)