US Markets 13 Jan 18

US markets continue to create a historic high.
Dollar Index broke down.

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 

• S&P

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

Dow

Daily UT, Weekly UT
Potential resistance around 26,976

Potential support around Upper Trend Channel (Blue), 24,847, Lower Trend Channel (Blue), 24,682, 24,157, 23,567

S&P
Daily UT, Weekly UT

Potential resistance around , 2,748, 2,983

Potential support around Trend Channel (green), TLU3,  2,748, 2,697, 2,668, 2,650, 2,593, TLU1

Nasdaq
Daily UT, Weekly UT
Potential resistance around  6,983

Potential support around TLU7, 6,347, TLU6, 6,261, 6,061

Russell
Daily UT, Weekly UT
Potential resistance around 1,649
Potential support around 1,552, 1,543, TLU3, 1,519, 1,508, 1,497

Key event to watch out  (SG Time)

15 Jan, Mon

• US holiday
• No important data

16 Jan, Tue

• 1730 UK CPI (YoY) (Dec)

17 Jan, Wed 

• 1730 Europe CPI (YoY) (Dec)
• 2300 Canada BoC Monetary Policy Report     
• 2300 Canada BoC Interest Rate Decision    

18 Jan, Thu

• 0830 Australia Employment Change (Dec)
• 1000 China GDP (YoY) (Q4)
• 1000 China Industrial Production (YoY) (Dec) 
• 2130 US Building Permits (Dec) 
• 2130 US Philadelphia Fed Manufacturing Index (Jan)  
• 2130 Canada ADP Nonfarm Employment Change 

19 Jan, Fri

• 0000 US Crude Oil Inventories
• 1730 UK Retail Sales (MoM) (Dec)