Indices Performance Chart - 10 Jun 17

Markets closed mixed.  Nasdaq created a new historic high and tumbled down broke hlf, recovered some losses before closing.  S&P formed an outside day on the daily chart.

Energy continues to close lower, soft commodities closed higher. 

Dollar Index broke pwl and recovered with a +roc.

15 Jun will be an important day.  Starting at 0200Hrs, Fed Interest Rate Decision, FOMC Press Conference, Statement and Economic Projections.  In the afternoon, SNB Interest Rate Decision with Press Conference follow by BoE Interest Rate Decision and meeting minutes in the evening.

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 mixed.  Nasdaq created new historic high and tumbled down broke hlf, recovered some losses before closing.

S&P formed an outside day on the daily chart.

Dow

Daily UT, Weekly UT
Potential resistance around 21,451, TLU6, 23,462

Potential support around 21,099, 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, 2,758
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 TLU7, 5,890, 6,261, 6,983
Potential support around 5,722, TLU3, TLU5, 5,538, TLU4, 5,237, TLU1, 5,041

Russell
Daily UT, Weekly UT
Potential resistance around 1,420, TLU1, TLU3, TLU5, 1,519
Potential support around 1,389, 1,341, 1,296, 1,287, 1,274, 1,259(4), 1,240, TLU2, 1,213

Key event to watch out  (SG Time)

12 Jun, Mon

• Australia Holiday
• No important data

13 Jun, Tue

• 1630 GBP CPI (YoY) (May)
• 1700 EUR German ZEW Economic Sentiment (Jun) 
• 2030 USD PPI (MoM) (May)

14 Jun, Wed

• 1000 CNY Industrial Production (YoY) (May) 
• 1630 GBP Average Earnings Index +Bonus (Apr) 
• 1630 GBP Claimant Count Change (May)
• 2030 USD Core CPI (MoM) (May) 
• 2030 USD Core Retail Sales (MoM) (May)
• 2030 USD Retail Sales (MoM) (May)
• 2230 USD Crude Oil Inventories

15 Jun, Thu

• 0200 USD FOMC Economic Projections
• 0200 USD FOMC Statement
• 0200 USD FOMC Press Conference
• 0200 USD Fed Interest Rate Decision
• 0645 NZD GDP (QoQ) (Q1)
• 0930 AUD Employment Change (May) 
• 1530 CHF SNB Interest Rate Decision
• 1530 CHF SNB Monetary Policy Assessment 
• 1530 CHF SNB Press Conference
• 1630 GBP Retail Sales (MoM) (May)
• 1900 GBP BoE Interest Rate Decision (Jun)
• 1900 GBP BoE MPC Meeting Minutes
• 2030 USD Philadelphia Fed Manufacturing Index (Jun) 

16 Jun, Fri

• 1000 JPY BoJ Monetary Policy Statement (YoY)
• 1430 JPY BoJ Press Conference
• 1700 EUR CPI (YoY) (May)
• 2030 USD Building Permits (May)