Indices Performance Chart - 27 May 17

Asia and US markets closed higher while Europe closed mixed for the week.
Dow, S&P and Nasdaq created a new historic high this week.  Dow and S&P trend in the daily chart had changed to UT.
Dollar Index hovered along the support.
This week various countries will report Manufacturing PMI.  Fri US will release data for Nonfarm Payrolls and Unemployment Rate.

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 

Dow, S&P and Nasdaq created a new historic high this week.  Dow and S&P broke lhf in the weekly chart and trend in the daily chart had changed from neutral to UT.

Dow

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

S&P
Daily UT, Weekly UT

Potential resistance around TLU5, TLU1,2,522
Potential support around 2,392, 2,366, 2,337, 2,285, 2,187, TLU4, 2,161, 2,137

Nasdaq
Daily UT, Weekly UT
Potential resistance around 6,261
Potential support around 5,722, TLU7, TLU3, TLU5, 5,538, TLU4, 5,237, TLU1, 5,041

Russell
Daily Neutral, Weekly UT
Potential resistance around 1,389, 1,420, 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)

29 May, Mon

• China, UK and US Holiday
• 2100 EUR ECB President Draghi's Speech

30 May, Tue

• China and HK Holiday
• 2200 USD CB Consumer Confidence (May)

31 May, Wed

• 0900 CNY Manufacturing PMI (May) 
• 1600 EUR German Unemployment Change (May)
• 1700 EUR CPI (YoY) (May)
• 2030 CAD GDP (MoM) (Mar) 
• 2200 USD Pending Home Sales (MoM) (Apr) 

01 Jun, Thu

• 0930 AUD Retail Sales (MoM) (Apr) 
• 0945 CNY Caixin Manufacturing PMI (May) 
• 1555 EUR German Manufacturing PMI (May) 
• 1630 GBP Manufacturing PMI (May) 
• 2015 USD ADP Nonfarm Employment Change (May) 
• 2200 USD ISM Manufacturing PMI (May) 
• 2300 USD Crude Oil Inventories

02 Jun, Fri

• 1630 GBP Construction PMI (May)
• 2030 USD Nonfarm Payrolls (May) 
• 2030 USD Unemployment Rate (May)