Indices Performance Chart - 13 May 17

Asia and Europe closed higher while US closed lower. DOW's trend started to turn negative.  BDI back above 1000 mark while Harpex continues to go higher.
Dollar Index formed another outside day with +roc in the weekly chart.
Not much important economic data from US this week.

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

• None

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 except Nasdaq closed at historic high again. 
DOW's trend (50 SMA) in the daily chart had started to turn down while S&P become flat.
COT remained below 70 range.

Dow

Daily UT, Weekly UT
Potential resistance around TLU5, 21,099, TLU6, 21,451
Potential support around 20,756, TLU11, TLU2, 19,968, TLU4, 19,440, 18,669, 18,557, TLU1, 18,367

S&P
Daily UT, Weekly UT
Potential resistance around 2,392, TLU5, TLU1,2,522
Potential support around 2,366, 2,337, 2,285, 2,187, TLU4, 2,161, 2,137, 2,129, 2,116

Nasdaq
Daily UT, Weekly UT
Potential resistance around 6,261
Potential support around TLU3, 5,538, TLU7, TLU5, TLU4, 5,237, TLU1, 5,041

Russell
Daily Neutral, 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)

15 May, Mon

• 1000 CNY Industrial Production (YoY) (Apr)  

16 May, Tue

• 0930 AUD RBA Meeting Minutes
• 1630 GBP CPI (YoY) (Apr)
• 1700 EUR German ZEW Economic Sentiment (May)
• 1700 EUR GDP (YoY)
• 2030 USD Building Permits (Apr)

17 May, Wed

• 1630 GBP Average Earnings Index +Bonus (Mar)
• 1630 GBP Claimant Count Change (Apr)
• 1700 EUR CPI (YoY) (Apr)
• 2230 USD Crude Oil Inventories

18 May, Thu

• 0750 JPY GDP (QoQ) (Q1)
• 0930 AUD Employment Change (Apr) 
• 1630 GBP Retail Sales (MoM) (Apr) 
• 2030 USD Philadelphia Fed Manufacturing Index (May) 

19 May, Fri

• 2030 CAD Core CPI (MoM) (Apr) 
• 2030 CAD Core Retail Sales (MoM) (Mar)