Sunday, November 26, 2017

US Markets 25 Nov 17

This week COT data release is been delayed to 28 Nov (SGT) due to a Federal holiday.  Earliest available will be on 28 Nov late evening or 30 Nov late evening.

US markets closed on the historic high on a shorter week trading.
On the weekly charts, US markets broke lhf.

Dollar Index broke 93 support.

BDI and Harpex closed higher.

Fed's Yellen will testify on Wed, 29 Nov.
Various countries will be reporting Manufacturing PMI on 01 Dec.



Dow
Daily UT, Weekly UT
Potential resistance around 23,567, 24,847
Potential support around 23,435, 23,175, 22,777, 22,717, TLU11, 22,409

S&P
Daily UT, Weekly UT
Potential resistance around 2,748
Potential support around 2,593, TLU1, 2,576, 2,512, 2,506, 2,480

Nasdaq
Daily UT, Weekly UT
Potential resistance around 6,983
Potential support around 6,347, 6,261, 6,118, TLU6, 6,061, 5,952, TLU3, 5,890

Russell
Daily UT, Weekly UT
Potential resistance around 1,519, 1,649
Potential support around 1,508, TLU1, 1,497, 1,451, TLU2, 1,420


Key event to watch out  (SG Time)
27 Nov, Mon
  • 2300 USD New Home Sales (Oct)

28 Nov, Tue
  • 1730 GBP UK GDP (QoQ) (Q3) 
  • 2130 USD US Good Trade Balance
  • 2300 USD US CB Consumer Confidence (Nov)

29 Nov, Wed 
  • 2130 USD US GDP (QoQ) (Q3)
  • 2300 USD Pending Home Sales (MoM) (Oct) 
  • 2300 USD Fed's Yellen testifies
  • 2330 USD US Crude Oil Inventories 

30 Nov, Thu
  • 0900 CNY China Manufacturing PMI (Nov)
  • 1700 EUR German Unemployment Change (Nov)
  • 1800 EUR Europe CPI (YoY) (Nov)  

01 Dec, Fri
  • 0945 CNY China Caixin Manufacturing PMI (Nov) 
  • 1655 EUR German Manufacturing PMI (Nov)
  • 1730 GBP UK Manufacturing PMI (Nov)
  • 2130 CAD Canada Employment Change (Nov) 
  • 2130 CAD Canada GDP (MoM) (Sep) 
  • 2300 USD US ISM Manufacturing PMI (Nov) 


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