Indices Performance Chart - 08 Jul 17

Most markets continue to closed lower.  
US Markets closed mixed with a small roc in the weekly chart. 
Grains continue to close higher.
Dollar Index rebounded and closed with an inside day in the weekly chart.
Fed's Yellen will be testifying on 13 Jul.  US Retail Sales data on 14 Jul.

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 is based on 50 Simple Moving Average 

US Markets closed mixed with a small roc in the weekly chart.  In the weekly chart, Dow broke lhf, Nasdaq and Russell broke pwl while S&P formed an inside day.

Dow

Daily UT, Weekly UT
Potential resistance around 21,451, TLU6, 23,462

Potential support around TLU11, TLU5, 21,099, 20,756, TLU2, 19,968, TLU4, 19,440, 18,669

S&P
Daily UT, Weekly UT

Potential resistance around TLU5, TLU1,2,522, 2,758
Potential support around 2,392, 2,366, 2,337, 2,285, 2,187, TLU4, 2,161, 2,137

Nasdaq
Daily UT, Weekly UT
Potential resistance around 5,722, TLU3, TLU7, 5,890, 6,261, 6,983
Potential support around TLU5, TLU4, 5,538, 5,237, TLU1, 5,041

Russell
Daily Neutral, Weekly UT
Potential resistance around 1,420, TLU1, TLU3, TLU5, 1,519
Potential support around 1,389, 1,341, 1,296, 1,287, 1,274, 1,259(4), 1,240, TLU2, 1,213

Key event to watch out  (SG Time)

10 Jul, Mon

• 0930 CNY CPI (YoY) (Jun)

11 Jul, Tue

• No important data

12 Jul, Wed

• 1630 GBP Average Earnings Index +Bonus (May)
• 1630 GBP Claimant Count Change (Jun)
• 2200 CAD BoC Monetary Policy Report
• 2200 CAD BoC Interest Rate Decision 
• 2230 USD Crude Oil Inventories
• 2315 CAD BoC Gov Poloz Speaks

13 Jul, Thu

• 1611 CNY Trade Balance (USD) (Jun)
• 2200 USD Fed's Yellen Testifies

14 Jul, Fri

• 2030 USD Core CPI (YoY) (Jun) 
• 2030 USD Core Retail Sales (MoM) (Jun)   
• 2030 USD Retail Sales (MoM) (Jun)