US Markets 24 Mar 18

On the weekly chart, US markets broke hlf and tumbled down.
Important support level I will be watching (from the platform that I used)

• Dow 22,717
• S&P 2,512
• Nasdaq 6,261
• Russell 1,389

Harpex climbing higher.
Dollar Index consolidating.

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

• Nasdaq

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

Daily DT, Weekly UT
Potential resistance around 24,175, TLU11, TLD1, 25,507, 25,821, Lower Trend Channel (Blue), 25,956

Potential support around 23,567, 23,175, 22,776, TLU6, 22,121

S&P
Daily DT, Weekly UT

Potential resistance around TLD1, 2,748, 2,800, TLU3, Lower Trend Channel (green), 2,874

Potential support around  2,593, 2,551, TLU1, 2,506, 2,480, 2,450, 2,406

Nasdaq
Daily Neutral, Weekly UT
Potential resistance around  TLU6, 69836 TLU7, 7,022, 7,706

Potential support around 6,346, 6,261, TLU3, 6,061, TLU4, 5,952

Russell
Daily Neutral, Weekly UT
Potential resistance around 1,519, TLD1, 15,43, 1,566, 1,609, TLU3, 1,649

Potential support around 1,508, 1,494, 1,451, 1,420, 1,388

Key event to watch out  (SG Time)

26 Mar, Mon

• No important data

27 Mar, Tue

• 2200 US CB Consumer Confidence (Mar) 

28 Mar, Wed 

• 2030 US GDP (QoQ) (Q4)
• 2200 US Pending Home Sales (MoM) (Feb) 
• 2230 US Crude Oil Inventories

29 Mar, Thu

• 1600 German Unemployment Change (Mar)
• 1630 UK GDP (YoY) (Q4)
• 2030 Canada GDP (MoM) (Jan)

30 Mar, Fri

• Australia, Hong Kong, Singapore, most Europe countries, US, Canada holiday

31 Mar, Sat

• 0900 China Manufacturing PMI (Mar)