US Markets 02 Mar 19

On the weekly charts, US markets closed higher with a small roc.  Dow, S&P and Russell closed with a -roc.  The market seems to suffer from lacklustre to go higher in short term.

BDI close highr at 664 (01 Mar) from 634 (22 Feb)
Harpex closed higher at 502.46 (22 Feb) from 499.18 (15 Feb)

Dollar Index tested support and closed above support.

US govt had resumed but the COT data continue to be outdated.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 26,245, 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 7,282, TLU6, 7,516, 7,706, TLU7, 8,428

Potential support around 7,134, 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)
04 Mar, Mon

• 1730 UK Construction PMI (Feb)

05 Mar, Tue

• 1130 Australia RBA Interest Rate Decision (Mar)
• 1130 Australia RBA Rate Statement  
• 1730 UK Services PMI (Feb)
• 2300 US ISM Non-Manufacturing PMI (Feb)
• 2300 US New Home Sales (Dec)
• 2335 UK BoE's Governor Carney speech

06 Mar, Wed

• 0830 Australia GDP (QoQ) (Q4)
• 2115 US ADP Nonfarm Employment Change (Feb)
• 2300 Canada BoC Interest Rate Decision 
• 2300 Canada Ivey PMI (Feb)
• 2300 US New Home Sales (MoM)
• 2300 US Crude Oil Inventories 

07 Mar, Thu

• 0830 Australia Retail Sales (MoM) (Jan)
• 1800 Euope GDP 
• 2045 Europe Deposit Facility Rate 
• 2045 Europe ECB Marginal Lending Facility 
• 2045 Europe ECB Interest Rate Decision (Mar)
• 2130 Europe ECB Press Conference 
• 2130 Canada Building Permits (MoM) 

08 Mar, Fri

• 0750 Japan GDP (QoQ) (Q4)
• 2130 US Building Permits (Jan) 
• 2130 US Nonfarm Payrolls (Feb)
• 2130 US Unemployment Rate (Feb) 
• 2130 Canada Employment Change (Feb)