US Markets 13 Jul 19

US markets closed at a new historic high except for Russell consolidating.  On the weekly chart, Russell closed lower with a -roc.

BDI and Harpex closed higher.

Dollar Index closed lower.

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

• None

Neutral 

• None

DT 

• Russell

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 29,106

Potential support around 26,976, 26,627, 26,245, 25,784, 25,645, 25,326, 24,837, 24,170, 23,567

S&P
Daily UT, Weekly UT

Potential resistance around 3,219

Potential support around 2,983, 2,940, 2,874, 2,854, 2,825, 2,814, 2,786, 2,747, 2,710

Nasdaq
Daily Neutral, Weekly UT

Potential resistance around 8,428

Potential support around 7,859, 7,706 7,516, 7,282, 7,134, 6,982, 6,516, 6,346, 6,261, 6,061

Russell
Daily DT, Weekly DT
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, GMT+8)
15 Jul, Mon

• Japan Holiday
• 1000 China GDP (YoY) (Q2)
• 1000 China Industrial Production (YoY) (Jun) 

16 Jul, Tue

• 0645 New Zealand CPI (QoQ) (Q2)
• 0930 Australia RBA Meeting Minutes  
• 1630 UK Average Earnings Index +Bonus (May)
• 1630 UK Claimant Count Change (Jun)
• 1700 German ZEW Economic Sentiment (Jul)
• 2030 US Core Retail Sales (MoM) (Jun) 
• 2030 US Retail Sales (MoM) (Jun)

17 Jul, Wed

• 0100 US Fed's Chair Powell speech
• 1630 UK CPI (YoY) (Jun)
• 1700 Europe CPI (YoY) (Jun)
• 2030 US Building Permits (Jun)
• 2030 Canada Core CPI (MoM) (Jun)
• 2230 US Crude Oil Inventories 

18 Jul, Thu

• 0930 Australia Employment Change (Jun)
• 1630 UK Retail Sales (MoM) (Jun)
• 2030 US Philadelphia Fed Manufacturing Index (Jul)

19 Jul, Fri

• 2030 Canada Core Retail Sales (MoM) (May) 
• 2200 US Michigan Consumer Sentiment Index