US Markets 11 Aug 18

On the weekly chart, US markets broke pwh, gains were trimmed and closed mixed.

BDI and Harpex closed lower.

Dollar Index broke out.

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 UT, Weekly UT
Potential resistance around 25,649, 25,784, 26,627, 26,976

Potential support around 25,336, 24,481, 24,170, 23,567, 23,435, 23,175, 22,776

S&P
Daily UT, Weekly UT

Potential resistance around 2,863, 2,874

Potential support around 2,825, 2,814, 2,786, 2,748, 2,710, 2,593, TLD1, 2,551, TLU1, 2,506

Nasdaq
Daily UT, Weekly UT

Potential resistance around 7,516, TLU7, 7,706

Potential support around 7,282, 7,134, 6,982, TLU6, 6,857, 6,346, 6,261

Russell
Daily UT, Weekly UT
Potential resistance around 1,708, TLU3, 1,649, 1,779

Potential support around 1,683, 1,624, 1,609, 1,585, 1,543, 1,519, 1,508, 1,494, TLD1, 1,451

Key event to watch out  (SG Time)

13 Aug, Mon

• No important data

14 Aug, Tue

• 1000 China Industrial Production (YoY) (Jul) 
• 1400 German Harmonized Index of Consumer Prices (YoY)
• 1400 German GDP (QoQ) (Q2)
• 1630 UK Average Earnings Index +Bonus (Jun)
• 1700 German ZEW Economic Sentiment (Aug)
• 1700 Europe Gross Domestic Product s.a.

15 Aug, Wed

• 1630 UK CPI (YoY) (Jul)
• 2030 US Core Retail Sales (MoM) (Jul) 
• 2030 US Retail Sales (MoM) (Jul) 
• 2230 US Crude Oil Inventories

16 Aug, Thu

• 0930 Australia Employment Change (Jul) 
• 1630 UK Retail Sales (MoM) (Jul) 
• 2030 US Building Permits (Jul)
• 2030 US Philadelphia Fed Manufacturing Index (Aug) 

17 Aug, Fri

• 1700 Europe CPI (YoY) (Jul)
• 2030 Canada Core CPI (MoM) (Jul)