Indices Performance Chart - 11 Feb 17

Most markets closed higher.  US markets (except Russell) created a new historic high. Dollar Index recovered with an inside day on weekly chart after tested trend channel support.  BDI continue to weaken while Harpex strengthening.    
The coming week, various countries will report GDP and CPI data. Fed Chair Yellen will testify on Tue and Wed.

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 

US markets broke lhf in the weekly chart.  DOW, S&P and Nasdaq created new historic high.  Russell consolidating since Dec 2016 and testing strong resistance.

Dow
Daily UT, Weekly UT
Potential resistance around TLU5, TLU6, 21,451
Potential support around TLU2, 19,968, TLU11, 19,440, TLU4, 18,669, 18,557, 18,367

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

Nasdaq
Daily UT, Weekly UT
Potential resistance around TLU4, TLU5, TLU3, 5,538
Potential support around TLU1, TLU7, 5,041, 4,960, 4,896, 4,816

Russell
Daily UT, Weekly UT
Potential resistance around 1,389, TLU3, 1,519
Potential support around TLU1, 1,341, 1,296, 1,287, 1,274, 1,259(4), 1,240, TLU2, 1,213

Key event to watch out  (SG Time)
13 Feb, Mon

• 0750 JPY GDP (QoQ) (Q4)

14 Feb, Tue

• 0930 CNY CPI (YoY) (Jan)
• 1500 EUR German GDP (QoQ) (Q4)
• 1730 GBP CPI (YoY) (Jan)
• 1800 EUR German ZEW Economic Sentiment (Feb) 
• 1800 EUR EuroZone GDP (YoY)
• 2130 USD PPI (MoM) (Jan)
• 2300 USD Fed Chair Yellen Testifies

15 Feb, Wed

• 1730 GBP Average Earnings Index +Bonus (Dec)
• 1730 GBP Claimant Count Change (Jan)
• 2130 USD Core CPI (MoM) (Jan) 
• 2130 USD Core Retail Sales (MoM) (Jan)   
• 2130 USD Retail Sales (MoM) (Jan)   
• 2300 USD Fed Chair Yellen Testifies
• 2330 USD Crude Oil Inventories 

16 Feb, Thu

0830 AUD Employment Change (Jan)
2130 USD Building Permits (Jan)
2130 USD Philadelphia Fed Manufacturing Index (Feb) 

17 Feb, Fri

• 1730 GBP Retail Sales (MoM) (Jan)