Indices Performance Chart - 28 Jan 17

Most markets closed higher after DOW, S&P and Nasdaq created a new historic high. Dollar Index weakened with most commodities closed lower.  Hong Kong market will be opened on Wed while China market will be opened on Fri.
This week heavy with US economy data from Wed onwards starting with ISM Manufacturing PM, FOMC Statement, US interest rate, Nonfarm Payrolls and Unemployment rate.

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

• 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 

DOW, S&P and Nasdaq broke out with new historic high.

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

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

Nasdaq
Daily UT, Weekly UT
Potential resistance around TLU4, TLU5, TLU3, 5,538
Potential support around TLU1, 4,896, 4,816, 4,722, 4,682, 4,640, 4,537

Russell
Daily UT, Weekly UT
Potential resistance around TLU1, TLU5, 1389, TLU3, 1519
Potential support around 1,341, 1,296, 1,287, 1,274, 1,259(4), 1,240, TLU2, 1,213

Key event to watch out  (SG Time)
30 Jan, Mon

• China, Hong Kong, Singapore holiday
• 2130 USD Personal Spending (MoM) (Dec) 
• 2300 USD Pending Home Sales (MoM) (Dec)

31 Jan, Tue

• China, Hong Kong holiday
• JPY BoJ Monetary Policy Statement (YoY)
• JPY BoJ Outlook Report (YoY)  
• 1430 JPY BoJ Press Conference
• 1700 EUR German Unemployment Change (Jan)
• 1800 EUR CPI (YoY) (Jan)
• 2130 CAD GDP (MoM) (Nov)
• 2300 USD CB Consumer Confidence (Jan) 

01 Feb, Wed

• China holiday
• 0545 NZD Employment Change (QoQ) (Q4)
• 0900 CNY Manufacturing PMI (Jan)
• 1655 EUR German Manufacturing PMI (Jan) 
• 1730 GBP Manufacturing PMI (Jan) 
• 2115 USD ADP Nonfarm Employment Change (Jan) 
• 2300 USD ISM Manufacturing PMI (Jan) 
• 2330 USD Crude Oil Inventories 

02 Feb, Thu

• China holiday
• 0300 USD FOMC Statement
• 0300 USD Fed Interest Rate Decision
• 1730 GBP Construction PMI (Jan)
• 2000 GBP BoE Inflation Report

03 Feb, Fri

• 0945 CNY Caixin Manufacturing PMI (Jan)
• 1730 GBP Services PMI (Jan)
• 2130 USD Nonfarm Payrolls (Jan)
• 2130 USD Unemployment Rate (Jan)
• 2300 USD ISM Non-Manufacturing PMI (Jan)