US Markets 11 Nov 23

The US market continues to close higher, except Russell closed lower with an inside day on the weekly chart.

BDI rebounded from 1,462 (03 Nov) to 1,643 (10 Nov)

Harpex closed lower, from 873 (03 Nov) to 845 (10 Nov)

CDFI rebounded from 1,042.47 (03 Nov) to 1,107.04 (10 Nov)

CCFI rebounded from 827.84 (03 Nov) to 843.77(10 Nov)

The dollar index broke the previous week's low and recovered to the consolidation range.

Watch out for

• CPI and Retail Sales data by multiple countries

There will be no update on COT this week due to the delayed release date due to a Federal holiday.

Dow

Daily DT, Weekly DT
Potential resistance around 35,495, 37,625, 39,754

Potential support around 33,365, 31,236, 29,106, 26,976

S&P
Daily DT, Weekly DT

Potential resistance around 4,632, 4,867, 5,103

Potential support around 4,396, 4,161, 3,925, 3,690, 3,454

Nasdaq
Daily Neutral, Weekly DT

Potential resistance around  15,652, 16,374, 17,097

Potential support around 14,930, 14,207, 13,485, 12,762, 12,040

Russell
Daily DT, Weekly DT
Potential resistance around 1,779, 1,910, 2,040, 2,170, 2,300

Potential support around 1,649, 1,519, 1,389, 1,2591

Key event to watch out for (SG Time, GMT+8)

13 Nov, Mon

• No important data

14 Nov, Tue

• 1500 UK Unemployment Rate (Sep)
• 1800 Europe Employment Change QoQ (Q3) 
• 1800 German ZEW Economic Sentiment Index (Nov)
• 2130 US Core CPI (MoM) (Oct)
• 2130 US CPI (MoM) (Oct)

15 Nov, Wed

• 0750 Japan GDP (QoQ) (Q3) 
• 1000 China Unemployment Rate (Oct) 
• 1000 China Retail Sales YoY (Oct)
• 1000 China Industrial Production YoY (Oct)
• 1500 UK CPI (YoY) (Oct)
• 2130 US Core Retail Sales (MoM) (Oct)
• 2130 US Retail Sales (MoM) (Oct)
• 2130 US PPI (MoM) (Oct)
• 2130 US NY Empire State Manufacturing Index (Nov)
• 2330 US Crude Oil Inventories

16 Nov, Thu

• 0830 Australia Employment Change (Oct)
• 0830 Australia Unemployment Rate (Oct)
• 2130 US Initial Jobless Claims
• 2130 US Philadelphia Fed Manufacturing Index (Nov)

17 Nov, Fri

• 1500 UK Retail Sales MoM (Oct)
• 1800 Europe CPI (YoY) (Oct)
• 2130 US Building Permits (Oct)