US Markets 16 Jun 18

US markets closed mixed.  On the weekly chart, Dow closed lower with -roc, S&P closed with a -roc doji while Nasdaq and Russell created the historic high.

BDI and Harpex closed higher.

Dollar Index tested 95.0 once again.

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 UT, Weekly UT
Potential resistance around 25,784, 26,627, 26,976

Potential support around 25,843, 24,170, 23,567, 23,435, 23,175, 22,776

S&P
Daily UT, Weekly UT

Potential resistance around 2,786, 2,825, 2,874

Potential support around  2,748, 2,710, 2,593, TLD1, 2,551, TLU1, 2,506

Nasdaq
Daily UT, Weekly UT

Potential resistance around TLU7, 7,706

Potential support around 7,134, 6,982, TLU6, 6,857, 6,346, 6,261

Russell
Daily UT, Weekly UT
Potential resistance around TLU3, 1,649, 1,779

Potential support around 1,609, 1,585, 1,543, 1,519, 1,508, 1,494, TLD1, 1,451

Key event to watch out  (SG Time)
18 Jun, Mon

• No important event

19 Jun, Tue

• 0130 Europe ECB President Draghi Speaks
• 0930 Australia RBA Meeting Minutes
• 1600 Europe ECB President Draghi Speaks     
• 2030 US Building Permits (May)

20 Jun, Wed

• 0750 Japan BoJ Monetary Policy Meeting Minutes
• 2130 US Fed Chair Powell Speaks
• 2130 Europe ECB President Draghi Speaks     
• 2200 US Existing Home Sales (May)   
• 2230 US Crude Oil Inventories

21 Jun, Thu

• 1530 Switzerland SNB Interest Rate Decision
• 1530 Switzerland SNB Monetary Policy Assessment    
• 1600 Switzerland SNB Press Conference 
• 1900 UK BoE Interest Rate Decision (Jun) 
• 2030 US Philadelphia Fed Manufacturing Index (Jun)  

22 Jun, Fri

• 1530 German Manufacturing PMI (Jun)
• 2030 Canada Core CPI (MoM) (May) 
• 2030 Canada Core Retail Sales (MoM) (Apr)