US Markets 14 Jun 25

The US market broke the previous week's high and reversed to close lower.

BDI, Harpex, CDFI, and CCFI continued to close higher.

The dollar index broke 98.7 and tested 97.3 support levels. It recovered from 97.3 and still closed lower than the previous week.

Watch out for

• Japan, the US, Switzerland and the UK Interest rate decisions
• Multiple countries reporting CPI and Retail Sales

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 UT
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)

16 Jun, Mon

• 1000 China Industrial Production (YoY) (May)
• 1000 China Chinese Unemployment Rate (May)
• 2030 US NY Empire State Manufacturing Index (Jun)

17 Jun, Tue

• 1100 Japan BoJ Interest Rate Decision
• 1700 Germany ZEW Economic Sentiment (Jun)
• 1700 Europe ZEW Economic Sentiment (Jun)
• 2030 US Core Retail Sales (MoM) (May)
• 2030 US Retail Sales (MoM) (May)

18 Jun, Wed

• 1400 UK CPI (YoY) (May)
• 1700 Europe CPI (YoY) (May)
• 2030 Building Permits (May)  
• 2030 US Initial Jobless Claims
• 2230 US Crude Oil Inventories

19 Jun, Thu

• US on holiday
• 0200 US FOMC Statement  
• 0200 US Fed Interest Rate Decision
• 0930 Australia Employment Change (May)
• 1530 Switzerland SNB Interest Rate Decision (Q2)
• 1900 UK BoE Interest Rate Decision (Jun)

20 Jun, Fri

• New Zealand on holiday
• 0730 Japan National Core CPI (YoY) (May)
• 0730 Japan National CPI (YoY) (May)
• 0915 China PBoC Loan Prime Rate
• 1400 UK Core Retail Sales (MoM) (May)
• 1400 UK Retail Sales (MoM) (May)
• 2030 US Philadelphia Fed Manufacturing Index (Jun)
• 2030 Canada Core Retail Sales (MoM) (Apr)
• 2030 Canada Retail Sales (MoM) (Apr)