US market closed higher. On the weekly chart, Dow, S&P and Nasdaq broke lhf (lower high formation). Russell closed with an inside day. S&P broke 4,000 marks.
BDI and CDFI closed lower. Harpex and CCFI closed higher.
The Dollar Index tested resistance and pull back.
Watch out for
- RBA Interest Rate Decision
- FOMC meeting minutes
- ECB Monetary Policy Statement
- Fed Chair Powell Speaks
Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT
Instruments that show selling interest at extreme (2) by Dealer/Intermediary (sell-side participants)
UT
- None
- None
- None
Instruments that show selling interest at extreme (2) by Dealer/Intermediary (sell-side participants)
UT
- None
- None
- 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(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal
Dow
Daily UT, Weekly UT
Potential resistance around 33,365, 35,495
Potential resistance around 33,365, 35,495
Potential support around 31,236, 29,407, 29,106, 28,912
S&P
Daily UT, Weekly UT
Daily UT, Weekly UT
Potential resistance around 4,161, 4,396
Potential support around 3,925, 3,690, 3,579, 3,454, 3,388
Nasdaq
Daily Neutral, Weekly UT
Potential resistance around 13,485, 14,207, 14,930
Potential support around 12,762, 12,410, 12,040, 11,318
Russell
Daily UT, Weekly UT
Potential resistance around 2,300, 2,430
Daily UT, Weekly UT
Potential resistance around 2,300, 2,430
Potential support around 2,170, 2,040, 1,910, 1,779
Key event to watch out (SG Time, GMT+8)
05 Apr, Mon
- Australia, New Zealand, Hong Kong, China and most European countries are on holiday
- 2200 US ISM Non-Manufacturing PMI (Mar)
06 Apr, Tue
- Hong Kong holiday
- 1230 Australia RBA Interest Rate Decision (Apr)
- 1230 Australia RBA Rate Statement
- 2200 US EIA Short-Term Energy Outlook
- 2200 US JOLTs Job Openings (Feb)
07 Apr, Wed
- 1630 UK Composite PMI (Mar)
- 1630 UK Services PMI (Mar)
- 2030 US Goods Trade Balance
- 2200 Canada Ivey PMI (Mar)
- 2230 US Crude Oil Inventories
08 Apr, Thu
- 0200 US FOMC Meeting Minutes
- 0750 Japan Current Account n.s.a.
- 1630 UK Construction PMI (Mar)
- 1930 Europe ECB Monetary Policy Statement
- 2030 US Initial Jobless Claims
09 Apr, Fri
- 0000 US Fed Chair Powell Speaks
- 0930 China Consumer Price Index (YoY)
- 2030 US PPI (MoM) (Mar)
- 2030 Canada Employment Change (Mar)
No comments:
Post a Comment