US Markets 20 Apr 19

US markets closed mixed.  Dow and Nasdaq closed with a+roc while S&P and Russell closed with a -roc.

Harpex and BDI closed higher.

Dollar Index closed higher.

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)
22 Apr, Mon

• Australia, New Zealand, HK and most of the Europe holiday
• 2200 US Existing Home Sales (Mar)

23 Apr, Tue

• 2200 US New Home Sales (Mar)

24 Apr, Wed

• 0930 Australia CPI (QoQ) (Q1)
• 1600 German Ifo Business Climate Index 
• 2200 Canada BoC Monetary Policy Report  
• 2200 Canada BoC Interest Rate Decision 
• 2215 Canada BOC Press Conference 
• 2230 US Crude Oil Inventories 

25 Apr, Thu

• Australia and New Zealand holiday
• 1000 Japan BoJ Monetary Policy Statement
• 1000 Japan BoJ Outlook Report (YoY)  
• 1400 Japan BoJ Press Conference  
• 2030 US Core Durable Goods Orders (MoM) (Mar)

26 Apr, Fri

• 0930 Australia Producer Price Index
• 2030 US GDP (QoQ) (Q1)
• 2200 US Michigan Consumer Sentiment Index