US Markets 06 Apr 19

US markets broke lhf on the weekly chart and closed higher.

Harpex and BDI closed higher.

Dollar Index closed higher.

One of the most important events will be on 11 Apr 0000 Hrs (SGT), European Council Summit on Brexit meeting.

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 26,627, 26,976, 29,106

Potential support around 26,245, 25,784, 25,645, 25,326, 24,837, 24,170, 23,567, 23,435

S&P
Daily UT, Weekly UT

Potential resistance around 2,940, 2,983, 3,219

Potential support around 2,874, 2,825, 2,814, 2,786, 2,747, 2,710, 2,593 2,551, 2,506

Nasdaq
Daily UT, Weekly UT

Potential resistance around  7,706, 8,428

Potential support around 7,516, 7,282, 7,134, 6,982, 6,516, 6,346, 6,261

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

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

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

• No important data 

09 Apr, Tue

• 2200 US JOLTs Job Openings (Feb) 

10 Apr, Wed

• 1415 Japan BoJ's Governor Kuroda speech
• 1630 UK GDP
• 1630 UK Manufacturing Production (MoM) (Feb) 
• 1945 Europe Deposit Facility Rate 
• 1945 Europe ECB Marginal Lending Facility 
• 1945 Europe ECB Interest Rate Decision (Apr)
• 2030 US Core CPI (MoM) (Mar)
• 2030 Europe ECB Press Conference  
• 2230 US Crude Oil Inventories 

11 Apr, Thu

• 0000 European Council Meeting
• 0000 European Council Summit on Brexit Meeting 
• 0200 US FOMC Meeting Minutes
• 2030 US PPI (MoM) (Mar)
• 2200 Canada Ivey PMI (Mar)

12 Apr, Fri

• 0800 Brexit Day - UK leaves the EU
• 2200 US Michigan Consumer Sentiment Index