Indices Performance Chart - 15 Jul 17

Markets closed higher across the board.  Nasdaq, ChinaA50 and Hong Kong rallied more than 3%.  Dow and S&P closed at historic high.  Reporting season just around the corner.
No recovery in sight for Dollar Index.

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 

S&P, Nasdaq and Russell broke lhf on the weekly chart.  Dow and S&P closed at historic high. Dow formed an outside day in the weekly chart.  Moving forward reporting season just around the corner.

Dow

Daily UT, Weekly UT
Potential resistance around 23,462

Potential support around TLU6, 21,451, TLU11, TLU5, 21,099, 20,756, TLU2, 19,968

S&P
Daily UT, Weekly UT

Potential resistance around TLU5, TLU1,2,522, 2,758
Potential support around 2,450, 2,392, 2,366, 2,337, 2,285, 2,187

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

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

Key event to watch out  (SG Time)

17 Jul, Mon

• 1000 CNY GDP (YoY) (Q2)
• 1000 CNY Industrial Production (YoY) (Jun)
• 1700 EUR CPI (YoY) (Jun)

18 Jul, Tue

• 0645 NZD CPI (QoQ) (Q2)
• 0930 AUD RBA Meeting Minutes
• 1630 GBP CPI (YoY) (Jun) 
• 1700 EUR German ZEW Economic Sentiment (Jul)

19 Jul, Wed

• 2030 USD Building Permits (Jun)
• 2230 USD Crude Oil Inventories

20 Jul, Thu

• 0930 AUD Employment Change (Jun) 
• 1000 JPY BoJ Monetary Policy Statement (YoY)   
• 1100 JPY BoJ Outlook Report (YoY)     
• 1400 JPY BoJ Press Conference
• 1630 GBP Retail Sales (MoM) (Jun)
• 1945 EUR Deposit Facility Rate
• 1945 EUR ECB Interest Rate Decision (Jul) 
• 2030 USD Philadelphia Fed Manufacturing Index (Jul)
• 2030 EUR ECB Press Conference

21 Jul, Fri

• 2030 CAD Core CPI (MoM) (Jun)
• 2030 CAD Core Retail Sales (MoM) (May)