US Markets 07 Jun 25

The US market broke the consolidation resistance and closed higher.

BDI, Harpex, CDFI, and CCFI closed higher.

The dollar index closed lower while consolidating.

Watch out for

• China and US CPI data

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

UT 

• None

Neutral 

• None

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 are based on 50 Simple Moving Averages.

Dow
Daily UT, Weekly UT
Potential resistance around 44,014, 46,144

Potential support around 41,884, 39,754, 37,625, 35,495

S&P
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

Potential resistance around 22,154, 22,876

Potential support around 21,431, 20,709, 19,986, 19,264

Russell
Daily UT, Weekly Neutral
Potential resistance around 2,170, 2,300, 2,430

Potential support around 2,040, 1,910, 1,779, 1,649

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

09 Jun, Mon

• Australia and Switzerland are on holiday
• 0750 Japan GDP (QoQ) (Q1)
• 0930 China CPI (YoY) (May)
• 1100 China Exports (YoY) (May)
• 1100 China Imports (YoY) (May)

10 Jun, Tue

• 1400 UK Unemployment Rate (Apr)
• 1400 UK Employment Change 3M/3M (MoM) (Apr)

11 Jun, Wed

• 2030 US Core CPI (MoM) (May)
• 2030 US CPI (MoM) (May)
• 2230 US Crude Oil Inventories

12 Jun, Thu

• 0100 US 10-Year Note Auction
• 1400 UK GDP (MoM) (Apr)
• 1400 UK Industrial Production (MoM) (Apr)
• 1400 UK Manufacturing Production (MoM) (Apr)
• 1400 UK Monthly GDP 3M/3M Change (Apr)
• 2030 US Initial Jobless Claims
• 2030 US PPI (MoM) (May)

13 Jun, Fri

• 0100 US 30-Year Bond Auction
• 1700 Europe Industrial Production (MoM) (Apr)
• 2200 US Michigan Consumer Sentiment (Jun)