Indices Performance Chart - 19 Aug 17

Most markets closed lower this week.
US markets broke hlf 2 ET while trend had started to turn down.
Dollar Index tested support and rebounded.
BDI broke above 1,000 mark.  Harpex continues to move higher.
Most commodities closed lower.

Not much important data is releasing this week.  

Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)

UT

• None

Neutral

• Nasdaq

DT

• None

Instruments that show selling interest at extreme (2) by Dealer/Intermediary (sell-side participants)

UT

• Dow

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 hlf 2 ET on the daily charts.   While trend had started to turn down for some.  On the weekly chart, Russell tested 50 SMA. Not much important data to be released by the US this week.  

Dow

Daily UT, Weekly UT
Potential resistance around TLU2, 22,027, 22,121, 23,462

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

S&P
Daily Neutral, Weekly UT

Potential resistance around 2,450, 2,480, TLU5, TLU1,2,522, 2,758
Potential support around 2,392, 2,366, 2,337, 2,285, 2,187

Nasdaq
Daily Neutral, Weekly UT
Potential resistance around 5,890, 5,952, TLU7, 6,261, 6,983
Potential support around TLU3, 5,722, TLU5, TLU4, 5,538, 5,237, TLU1, 5,041

Russell
Daily DT, Weekly UT
Potential resistance around 1,389, 1,420, 1,451, TLU1, TLU3, TLU5, 1,519
Potential support around 1,341, 1,296, 1,287, 1,274, 1,259(4), 1,240

Key event to watch out  (SG Time)

21 Aug, Mon

• No important data

22 Aug, Tue

• 1700 EUR German ZEW Economic Sentiment (Aug) 
• 2030 CAD Core Retail Sales (MoM) (Jun) 

23 Aug, Wed

• 1530 EUR German Manufacturing PMI (Aug) 
• 2200 USD New Home Sales (Jul) 
• 2230 USD Crude Oil Inventories

24 Aug, Thu

• 1630 GBP GDP (QoQ) (Q2)
• 2200 USD Existing Home Sales (Jul)

25 Aug, Fri

• 1400 EUR German GDP (QoQ) (Q2) 
• 1600 EUR German Ifo Business Climate Index (Aug) 
• 2030 USD Core Durable Goods Orders (MoM) (Jul)