The US market broke the previous week's low and recovered some losses before closing lower.
While BDI, CDFI and Harpex closed higher, CCFI closed lower.
The dollar index broke the previous week's high, tested 109.7 resistance and reversed to close lower.
Watch out for
- US Fed Chair Powell Testifies
- US and Germany CPI
- UK and Europe GDP
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 are based on 50 Simple Moving Averages(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 46,144
Daily UT, Weekly UT
Potential resistance around 46,144
Potential support around 44,014, 41,884, 39,754, 37,625, 35,495
S&P
Daily UT, Weekly UT
Daily UT, Weekly UT
Potential resistance around 6,045, 6,280
Potential support around 5,809, 5,574, 5,338, 5,103
Nasdaq
Daily UT, Weekly UT
Daily UT, Weekly UT
Potential resistance around 22,154
Potential support around 21,431, 20,709, 19,986, 19,264, 18,542, 17,819
Russell
Daily DT, Weekly UT
Potential resistance around 2,300, 2,430, 2,561, 2,691
Daily DT, Weekly UT
Potential resistance around 2,300, 2,430, 2,561, 2,691
Potential support around 2,170, 2,040, 1,910, 1,779
Key event to watch out for (SG Time, GMT+8)
10 Feb, Mon
- None
11 Feb, Tue
- Japan on holiday
- 0801 UK BRC Retail Sales Monitor (YoY) (Jan)
- 2015 UK BoE Gov Bailey Speaks
- 2300 US Fed Chair Powell Testifies
12 Feb, Wed
- 2130 US Core CPI (MoM) (Jan)
- 2130 US CPI (MoM) (Jan)
- 2300 US Fed Chair Powell Testifies
- 2330 US Crude Oil Inventories
13 Feb, Thu
- 0200 US 10-Year Note Auction
- 1500 UK GDP (YoY) (Q4)
- 1500 Germany CPI (MoM) (Jan)
- 2130 US Initial Jobless Claims
- 2130 US PPI (MoM) (Jan)
14 Feb, Fri
- 0200 US 30-Year Bond Auction
- 1800 Europe GDP (QoQ) (Q4)
- 2100 US Core Retail Sales (MoM) (Jan)
- 2100 US Retail Sales (MoM) (Jan)
No comments:
Post a Comment