US Markets 27 Apr 19

US markets closed higher.  S&P and Nasdaq closed at historic high.  Dow closed with a small +roc.

Harpex and BDI closed higher for another week.

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 8,428

Potential support around 7,706, 7,516, 7,282, 7,134, 6,982, 6,516, 6,346, 6,261

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

Potential support around 1,609, 1,543, 1,519, 1,508, 1,451, 1,420, 1,388, 1,341, 1,296

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

• Japan holiday
• 1610 UK BoE Gov Carney Speaks

30 Apr, Tue

• Japan holiday
• 0900 China Manufacturing PMI (Apr) 
• 0945 China Caixin Manufacturing PMI (Apr) 
• 1555 German Unemployment Change (Apr)
• 1700 Europe Gross Domestic Product
• 2030 Canada GDP (MoM) (Feb)
• 2200 US CB Consumer Confidence (Apr) 
• 2200 US Pending Home Sales (MoM) (Mar)
• 2300 Canada BoC's Governor Poloz speech

01 May, Wed

• Japan, Singapore, Hong Kong and most Europe holiday
• 0645 New Zealand Employment Change (QoQ) (Q1)
• 1630 UK Manufacturing PMI (Apr)
• 2015 US ADP Nonfarm Employment Change (Apr)
• 2200 US ISM Manufacturing PMI (Apr) 
• 2230 US Crude Oil Inventories 

02 May, Thu

• China and Japan holiday
• 0200 US FOMC Statement  
• 0200 US Fed Interest Rate Decision 
• 0230 US FOMC Press Conference  
• 0945 China Caixin Manufacturing PMI (Apr)
• 1555 German Manufacturing PMI (Apr)
• 1630 UK German Manufacturing PMI (Apr)
• 1900 UK BoE Interest Rate Decision (May)
• 1930 UK BoE Gov Carney Speaks 

03 May, Fri

• Japan holiday
• 1630 UK Services PMI (Apr)
• 1700 Europe CPI (YoY) (Apr)  
• 2030 US Nonfarm Payrolls (Apr)
• 2030 US Unemployment Rate (Apr)
• 2200 US ISM Non-Manufacturing PMI (Apr)