Indices Performance Chart - 26 Aug 17

Most markets closed higher for the week.

US markets recovered some of the losses and traded directionless. 
Harpex continues to go higher.
Dollar Index broke recent low.

Important week to watch out especially data to be released by US on Wed and Fri.

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

• 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 closed with a small roc on Mon.  On Tue, US markets recovered some of the losses and remained directionless. 

Important week to watch out. On Wed, US will release ADP Nonfarm Employment Change and GDP data.  Nonfarm Payrolls, Unemployment Rate and ISM Manufacturing PMI data will be released on Fri 

Dow

Daily UT, Weekly UT
Potential resistance around TLD1, 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 2,406, 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 TLD1, 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

• UK Holiday
• No important data

29 Aug, Tue

• 2200 USD CB Consumer Confidence (Aug) 

30 Aug, Wed

• 2015 USD ADP Nonfarm Employment Change (Aug)
• 2030 USD GDP (QoQ) (Q2)
• 2230 USD Crude Oil Inventories

31 Aug, Thu

• 0900 CNY Manufacturing PMI (Aug)
• 1600 EUR German Unemployment Change (Aug)
• 1700 EUR CPI (YoY) (Aug)
• 2030 CAD GDP (MoM) (Jun) 
• 2200 USD Pending Home Sales (MoM) (Jul) 

01 Sep, Fri

• 0945 CNY Caixin Manufacturing PMI (Aug) 
• 1555 EUR German Manufacturing PMI (Aug)
• 1630 GBP Manufacturing PMI (Aug)
• 2030 USD Nonfarm Payrolls (Aug)
• 2030 USD Unemployment Rate (Aug)
• 2200 USD ISM Manufacturing PMI (Aug)