Indices Performance Chart - 18 Feb 17

Most markets continued to close higher with dollar index pulling back.  US markets continue to create the new high.  Harpex continues to recover 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

• 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 is based on 50 Simple Moving Average 

US markets continue to create the new high.  
Russell broke and closed above consolidation range.

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

S&P
Daily UT, Weekly UT
Potential resistance around TLU1,2,522
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 TLU5, TLU3, 5,538
Potential support around TLU4, TLU1, TLU7, 5,041, 4,960, 4,896, 4,816

Russell
Daily UT, Weekly UT
Potential resistance around TLU5, TLU3, 1,519
Potential support around 1,389, TLU1, 1,341, 1,296, 1,287, 1,274, 1,259(4), 1,240, TLU2, 1,213

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

• US and Canada Holiday
• No important data

21 Feb, Tue

• 0830 AUD RBA Meeting Minutes
• 1630 EUR German Manufacturing PMI (Feb)

22 Feb, Wed

• 1700 EUR German Ifo Business Climate Index (Feb)
• 1730 GBP GDP (QoQ) (Q4)
• 1800 EUR CPI (YoY) (Jan)
• 2130 CAD Core Retail Sales (MoM) (Dec)
• 2300 USD Existing Home Sales (Jan)

23 Feb, Thu

• 0300 USD FOMC Meeting Minutes 
• 1500 EUR German GDP (QoQ) (Q4)

24 Feb, Fri

• 2130 CAD Core CPI (MoM) (Jan)
• 2300 USD New Home Sales (Jan)