Dollar Index continues to stay above support

On the weekly charts, it broke hlf and losses was trimmed to close above 96.3 support.
Resistance at 97.3, TLU1, 98.7
Support at 96.3, 95.0, 94.0, 93.3, 92.0, 90.6

COT for Dollar Index
US govt had resumed but the COT data continue to be outdated.  To avoid any misleading, COT charts will not be posted for sharing.

Weekly chart with 50 SMA

US Markets 23 Feb 19

On the weekly chart, US markets broke pwh and closed slightly higher with a small range for the week.

BDI edge lower to 634 (22 Feb) from 639 (15 Feb)
Harpex remained at 499.18 (15 Feb)

Dollar Index broke hlf in the weekly chart.

US govt had resumed but the COT data continue to be outdated.  To avoid any misleading, COT charts will not be posted for sharing.

Dow

Daily UT, Weekly UT
Potential resistance around 26,627, TLU11, 26,976, 29,106

Potential support around 25,784, 25,645, 25,326, 24,837, 24,170, 23,567

S&P
Daily UT, Weekly Neutral

Potential resistance around 2,814, 2,825, 2,874, 2,940, 2,983, 3,219

Potential support around 2,786, 2,747, 2,710, 2,593 2,551, 2,506, 2,480, 2,450

Nasdaq
Daily UT, Weekly UT

Potential resistance around 7,134, 7,282, TLU6, 7,516, 7,706, TLU7, 8,428

Potential support around 6,982, 6,516, TLU3, TLU4, 6,346, TLU4, 6,261, 6,061, 5,950

Russell
Daily UT, Weekly Neutral
Potential resistance around 1,609, 1,624, 1,683, 1,708, 1,743

Potential support around 1,585, 1,543, 1,519, 1,508, 1,451, 1,420, 1,388

Key event to watch out  (SG Time)
25 Feb, Mon

• No important data

26 Feb, Tue

• 1800 UK Inflation Report Hearings  
• 2030 UK Prime Minister Theresa May speech
• 2130 US Building Permits (Dec)
• 2300 US CB Consumer Confidence (Feb) 
• 2300 US Fed Chair Powell Testifies  

27 Feb, Wed

• 2130 US Core Durable Goods Orders (MoM) (Jan)
• 2130 Canada Core CPI (MoM) (Jan)
• 2300 US Pending Home Sales (MoM) (Jan)
• 233 US Crude Oil Inventories 

28 Feb, Thu

• 0200 UK Parliamentary vote on Brexit
• 0900 China Manufacturing PMI (Feb)
• 2115 US Fed's Chair Powell speech 
• 2130 US GDP (QoQ) (Q4)  

01 Mar, Fri

• 0945 China Caixin Manufacturing PMI (Feb) 
• 1655 German Manufacturing PMI (Feb)
• 1655 German Unemployment Change
• 1730 UK Manufacturing PMI (Feb)
• 1800 Europe Consumer Price Index
• 1800 Europe CPI (YoY) (Feb)  
• 2130 Canada GDP (MoM) (Dec)
• 2300 US ISM Manufacturing PMI (Feb) 

US Markets 16 Feb 19

On the weekly chart, US markets closed higher near to week-high.

BDI rebounded to 639 (15 Feb) from 601 (08 Feb)
Harpex closed higher at 499.18 (08 Feb) from 492.02 (01 Feb)

Dollar Index broke lhf in the weekly chart.

US govt had resumed but the COT data continue to be outdated.  To avoid any misleading, COT charts will not be posted for sharing.

Dow

Daily Neutral, Weekly UT
Potential resistance around 26,627, TLU11, 26,976, 29,106

Potential support around 25,784, 25,645, 25,326, 24,837, 24,170, 23,567

S&P
Daily Neutral, Weekly DT

Potential resistance around 2,786, 2,814, 2,825, 2,874, 2,940, 2,983, 3,219

Potential support around 2,747, 2,710, 2,593 2,551, 2,506, 2,480, 2,450, 2,406, 2,392, 2,366

Nasdaq
Daily Neutral, Weekly UT

Potential resistance around 7,134, 7,282, TLU6, 7,516, 7,706, TLU7, 8,428

Potential support around 6,982, 6,516, TLU3, TLU4, 6,346, TLU4, 6,261, 6,061, 5,950

Russell
Daily Neutral, Weekly Neutral
Potential resistance around 1,585, 1,609, 1,624, 1,683, 1,708, 1,743

Potential support around 1,543, 1,519, 1,508, 1,451, 1,420, 1,388 TLU3, 1,341, 1,296

Key event to watch out  (SG Time)

18 Feb, Mon

• Canada and US holiday
• No important data

19 Feb, Tue

• 0830 Australia RBA Meeting Minutes  
• 1730 UK Average Earnings Index +Bonus (Dec)
• 1730 UK Claimant Count Change (Jan) 
• 1800 German ZEW Current Conditions (Feb)

20 Feb, Wed

• 1900 US Retail Sales

21 Feb, Thu

• 0300 US FOMC Meeting Minutes  
• 0830 Australia Employment Change (Jan) 
• 1630 German Manufacturing PMI
• 1700 Europe Manufacturing PMI
• 2030 Europe ECB Publishes Account of Monetary Policy Meeting  
• 2130 US Core Durable Goods Orders (MoM) (Dec)
• 2130 US Philadelphia Fed Manufacturing Index (Feb)
• 2300 US Existing Home Sales (Jan)

22 Feb, Fri

• 0000 US Crude Oil Inventories
• 0135 Canada BoC Gov Poloz Speaks  
• 1500 German GDP (QoQ) (Q4)
• 1700 German Ifo Business Climate Index 
• 1800 Europe CPI (YoY) (Jan)
• 2130 Canada Core Retail Sales (MoM) (Dec) 

Dollar Index broke resistance

On the weekly charts, dollar index broke lhf and rallied to close above 96.3 resistance.  Dollar Index need to continue to maintain above 96.3 level to stay bullish.
Resistance at 97.3, TLU1, 98.7
Support at 96.3, 95.0, 94.0, 93.3, 92.0, 90.6

COT for Dollar Index
US govt had resumed but the COT data are one month old.  To avoid any misleading with out-dated data, COT charts will not be posted for sharing.

Weekly chart with 50 SMA

US Markets 09 Feb 19

On the weekly chart, US markets closed higher with a small +roc.

BDI slumped down to 601 (08 Feb) from 905 (25 Jan)
Harpex closed higher at 492.02 (01 Feb) from 474.43 (18 Jan)

Dollar Index broke lhf in the weekly chart.

US govt had resumed but the COT data are one month old.  To avoid any misleading with out-dated data, COT charts will not be posted for sharing.

Dow

Daily UT, Weekly DT
Potential resistance around 25,326, 25,645, 25,784, 26,627, TLU11, 26,976, 29,106

Potential support around 24,837, 24,170, 23,567, 23,435, TLU6, 23,175, 22,776, 22,121

S&P
Daily Neutral, Weekly DT

Potential resistance around 2,747, 2,786, 2,814, 2,825, 2,874, 2,940, 2,983, 3,219

Potential support around 2,710, 2,593 2,551, 2,506, 2,480, 2,450, 2,406, 2,392, 2,366

Nasdaq
Daily UT, Weekly DT

Potential resistance around 6,982, 7,134, 7,282, TLU6, 7,516, 7,706, TLU7, 8,428

Potential support around 6,516, TLU3, TLU4, 6,346, TLU4, 6,261, 6,061, 5,950

Russell
Daily UT, Weekly DT
Potential resistance around 1,519, 1,543, 1,585, 1,609, 1,624, 1,683, 1,708, 1,743

Potential support around 1,508, 1,451, 1,420, 1,388 TLU3, 1,341, 1,296

Key event to watch out  (SG Time)

11 Feb, Mon

• Japan holiday
• 1730 UK GDP
• 1730 UK Manufacturing Production (MoM) (Dec)
• 1730 UK Monthly GDP 3M/3M Change 

12 Feb, Tue

• 2300 US JOLTS Job Openings

13 Feb, Wed

• 02450 US Fed's Chair Powell speech
• 0500 New Zealand RBNZ Press Conference  
• 0900 New Zealand RBNZ Interest Rate Decision 
• 0900 New Zealand RBNZ Rate Statement  
• 1730 UK CPI (YoY) (Jan)
• 2130 US Consumer Price Index Ex Food & Energy 
• 2130 US Core CPI (MoM) (Jan)
• 2330 US Crude Oil Inventories

14 Feb, Thu

• 0750 Japan GDP (QoQ) (Q4) 
• 1500 German GDP (QoQ) (Q4)  
• 1800 Europe GDP (QoQ)
• US Core Retail Sales (MoM) (Dec) 
• 2130 US PPI (MoM) (Jan)
• US Retail Sales (MoM) (Dec) 

15 Feb, Fri

• 0930 China Consumer Price Index (YoY)
• 1730 UK Retail Sales (MoM) (Jan)
• 2130 US Core Retail Sales (MoM) (Dec)
• 2130 US Retail Sales (MoM) (Dec)
• 2300 US Michigan Consumer Sentiment Index

No update

Due to busy with CNY preparation, there will be no update for this week.