US Markets 15 Jun 19

On the weekly chart, US markets broke pwh but the gain was trimmed and closed with a small roc.

BDI pull back.

Dollar Index closed higher with an inside day.

Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT 

• Nasdaq

Neutral 

• Dow (1)

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 Neutral, Weekly UT
Potential resistance around 26,245, 26,627, 26,976, 29,106

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

S&P
Daily UT, Weekly UT

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

Potential support around 2,874, 2,854, 2,825, 2,814, 2,786, 2,747, 2,710

Nasdaq
Daily UT , Weekly UT

Potential resistance around 7,516, 7,706, 8,428

Potential support around 7,282, 7,134, 6,982, 6,516, 6,346, 6,261, 6,061

Russell
Daily DT, Weekly DT
Potential resistance around 1,543, 1,585, 1,609, 1,624

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

Key event to watch out  (SG Time, GMT+8)
17 Jun, Mon

• 1600 UK Inflation Report Hearings  

18 Jun, Tue

• 0930 Austrlia RBA Meeting Minutes 
• 1700 German ZEW Economic Sentiment (Jun)
• 1700 Europe CPI (YoY) (May)
• 2030 US Building Permits (May)

19 Jun, Wed

• 1630 UK CPI (YoY) (May)
• 2030 Canada Core CPI (MoM) (May)
• 2230 US Crude Oil Inventories 

20 Jun, Thu

• 0200 US FOMC Economic Projections  
• 0200 US FOMC Statement  
• 0200 US Fed Interest Rate Decision 
• 0230 US FOMC Press Conference  
• 1000 Japan BoJ Monetary Policy Statement  
• 1230 Japan BoJ Press Conference
• 1630 UK Retail Sales (MoM) (May) 
• 1900 UK BoE Interest Rate Decision (Jun) 
• 1900 UK BoE MPC Meeting Minutes  
• 2030 US Philadelphia Fed Manufacturing Index (Jun)

21 Jun, Fri

• 1530 German Manufacturing PMI (Jun)  
• 1600 Europe Markit PMI Composite
• 2030 Canada Core Retail Sales (MoM) (Apr) 
• 2200 US Existing Home Sales (May)