US Markets 21 Apr 18

US markets closed higher this week.  On the weekly charts, US markets broke pwh but failed to sustain closed with a doji near to week low.  May see US markets break hlf, must not break and close below recent low to continue bullish.

Harpex failed to overcome year 2015 high.
Dollar Index consolidating.

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

• Nasdaq (1)

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 Neutral, Weekly UT
Potential resistance around TLU11, 24,847, TLD1, 25,507, 25,821, Lower Trend Channel (Blue), 25,956

Potential support around TLD1, 24,175,  23,567, 23,435, 23,175, 22,776, TLU6, 22,121

S&P
Daily Neutral, Weekly UT

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

Potential support around  TLD1, 2,593, 2,551, TLU1, 2,506, 2,480, 2,450, 2,406

Nasdaq
Daily Neutral, Weekly UT

Potential resistance around  TLU6, 6,983, TLU7, 7,134, 7,706

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

Russell
Daily UT, Weekly UT
Potential resistance around 1,586, 1,609, TLU3, 1,649

Potential support around 1,543, 1,519, 1,508, 1,494, TLD1, 1,451, 1,420, 1,388

Key event to watch out  (SG Time)
23 Apr, Mon

• 1530 German Manufacturing PMI (Apr)   
• 2200 US Existing Home Sales (Mar)  

24 Apr, Tue

• 0930 Australia CPI (QoQ) (Q1)
• 1600 German Ifo Business Climate Index (Apr)
• 2200 US CB Consumer Confidence (Apr)   
• 2200 US New Home Sales (Mar) 

25 Apr, Wed

• Australia and New Zealand holiday
• 2230 US Crude Oil Inventories

26 Apr, Thu

• 1945 Europe Deposit Facility Rate
• 1945 Europe ECB Marginal Lending Facility 
• 1945 Europe ECB Interest Rate Decision (Apr) 
• 2030 US Core Durable Goods Orders (MoM) (Mar)
• 2030 Europe ECB Press Conference 

27 Apr, Fri

• 1000 Japan BoJ Monetary Policy Statement (YoY)
• 1000 Japan BoJ Outlook Report (YoY)    
• 1000 Japan BoJ Interest Rate Decision 
• 1000 Japan BoJ Press Conference
• 1600 German Unemployment Change (Apr)  
• 1630 UK GDP (YoY) (Q1) 
• 2030 US GDP (QoQ) (Q1)
• 2200 US JOLTs Job Openings (Feb)