Sunday, December 18, 2016

Indices Performance Chart - 17 Dec 16

Asia closed lower, Europe closed higher while US markets (except Russell) closed higher

Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT
  • Nasdaq
Neutral
  • None
DT
  • None

Instruments that show selling interest at extreme (2) by Dealer/Intermediary (sell-side participants)
UT
  • Russell
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 is based on 50 Simple Moving Average 

In the weekly chart, US markets closed with small roc.  A new diff is formed on the daily chart and move within the diff.


Dow
Daily UT, Weekly UT
Potential resistance around TLU5, TLU6, 21,451
Potential support around TLU2, 19,440, TLU4, TLU11, 18,669, 18,557, 18,367

S&P
Daily UT, Weekly UT
Potential resistance around 2,285, 2,522
Potential support around TLU5, 2,187, 2,161, TLU4, 2,137, 2,129, 2,116

Nasdaq
Daily UT, Weekly UT
Potential resistance around TLU1, 5,538
Potential support around 4,896, 4,816, 4,722, 4,682, 4,640, 4,537

Russell
Daily UT, Weekly UT
Potential resistance around TLU5, 1389, TLU3, 1519
Potential support around TLU1, 1,296, 1,287, 1,274, 1,259(4), 1,240, TLU2, 1,213


Key event to watch out  (SG Time)
19 Dec, Mon
  • 1100 JPY BoJ Interest Rate Decision
  • 1400 JPY BoJ Press Conference
  • 1700 EUR German Ifo Business Climate Index (Dec) 
20 Dec, Tue
  • 0830 AUD RBA Meeting's Minutes
21 Dec, Wed
  • 1655 EUR Germany Unemployment Change
  • 2300 USD Existing Home Sales (Nov)
  • 2330 USD Crude Oil Inventories
22 Dec, Thu
  • 0545 NZD GDP (QoQ) (Q3)
  • 1730 GBP GDP (YoY) (Q3)
  • 2130 USD Core Durable Goods Orders (MoM) (Nov)
  • 2130 USD GDP (QoQ) (Q3)
  • 2130 CAD Core CPI (MoM) (Nov) 
  • 2130 CAD Core Retail Sales (MoM) (Oct)   
23 Dec, Fri
  • Japan Holiday
  • UK closed early
  • 1730 GBP GDP (YoY) (Q3)
  • 2130 CAD GDP (MoM) (Oct)
  • 2300 USD New Home Sales (MoM)

No comments:

Post a Comment