Dollar Index directionless

On the weekly chart, Dollar Index broke pwl and closed with a doji.
Resistance at 96.3, 97.3, 98.7, TLU1, 99.8
Support at 95.0, 94.0, 93.3, 92.0, 90.6

COT for Dollar Index

Weekly chart with 50 SMA

Commodities Update 29 Jun 19

BDI closed higher from 1,239 (21 Jun) to 1,354 (28 Jun)
Harpex edge lower from 603.85 (14 Jun) to 608.55 (21  Jun)

COT 

Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend

• Orange Juice
• Natural Gas (1)
• Crude (1) 
• Heating Oil
• Copper (1)
• Platinum (1) 
• Feeder Cattle
• Sugar
• Cotton (1)

Neutral

• None

Up Trend

• Lumber
• Palladium

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend

• None

Neutral

• None

Down Trend

• 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 29 Jun 19

On the weekly charts, US markets closed with an inside day except for Russell broke hlf and closed higher.

BDI closed higher while Hapex edged lower.

Dollar Index closed with a doji.

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

Dow

Daily Neutral, Weekly UT
Potential resistance around 26,976, 29,106

Potential support around 26,627, 26,245, 25,784, 25,645, 25,326, 24,837, 24,170, 23,567

S&P
Daily UT, Weekly UT

Potential resistance around 2,983, 3,219

Potential support around 2,940, 2,874, 2,854, 2,825, 2,814, 2,786, 2,747, 2,710

Nasdaq
Daily Neutral , Weekly UT

Potential resistance around 7,706, 8,428

Potential support around 7,516, 7,282, 7,134, 6,982, 6,516, 6,346, 6,261, 6,061

Russell
Daily DT, Weekly DT
Potential resistance around 1,585, 1,609, 1,624

Potential support around 1,543, 1,519, 1,508, 1,451, 1,420, 1,388, 1,341, 1,296

Key event to watch out  (SG Time, GMT+8)

01 Jul, Mon

• Hong Kong and Canada holiday
• 0750 Japan Tankan Large Manufacturers Index (Q2)
• 0750 Japan Tankan Large Non-Manufacturers Index (Q2)
• 0945 China Caixin Manufacturing PMI (Jun) 
• 1555 German Manufacturing PMI (Jun)
• 1555 German Unemployment Change (Jun)
• 1630 Manufacturing PMI (Jun)
• 2200 US ISM Manufacturing PMI (Jun) 

02 Jul, Tue

• 1230 Australia RBA Interest Rate Decision (Jul) 
• 1230 Australia RBA Rate Statement  
• 1630 UK Construction PMI (Jun)

03 Jul, Wed

• US markets early close
• 1630 UK Services PMI (Jun)
• 2015 US ADP Nonfarm Employment Change (Jun)
• 2200 US ISM Non-Manufacturing Prices (Jun)
• 2230 US Crude Oil Inventories 

04 Jul, Thu

• US holiday
• 0930 Australia Retail Sales (MoM) (May)

05 Jul, Fri

• 2030 US Nonfarm Payrolls (Jun)
• 2030 US Unemployment Rate (Jun)
• 2030 Canada Employment Change (Jun)
• 2200 Canada Ivey PMI (Jun)

Dollar Index broke support

On the weekly chart, Dollar Index broke hlf, 97.3 and 96.3 support and closed lower.
Resistance at 96.3, 97.3, 98.7, TLU1, 99.8
Support at 95.0, 94.0, 93.3, 92.0, 90.6

COT for Dollar Index

Weekly chart with 50 SMA

Commodities Update 22 Jun 19

BDI resumed to close higher after pulling back last week.  From 1,085 (14 Jun) to 1,239 (21 Jun)
Harpex edge higher from 603.25 (07 Jun) to 603.85 (14 Jun)

COT 

Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend

• Orange Juice
• Natural Gas (1)
• Crude (1) 
• Heating Oil (1) 
• Copper
• Platinum (1) 
• Feeder Cattle
• Sugar
• Cotton (1)

Neutral

• None

Up Trend

• Lumber
• Palladium

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend

• None

Neutral

• None

Down Trend

• 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 22 Jun 19

After closing with a small roc last week, US markets resumed closing higher.

BDI and Harpex resumed closing higher.

Dollar Index broke hlf and 96.3 support.

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

• Nasdaq

Neutral 

• Dow

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

Dow

Daily Neutral, Weekly UT
Potential resistance around 26,976, 29,106

Potential support around 26,627, 26,245, 25,784, 25,645, 25,326, 24,837, 24,170, 23,567

S&P
Daily UT, Weekly UT

Potential resistance around 2,983, 3,219

Potential support around 2,940, 2,874, 2,854, 2,825, 2,814, 2,786, 2,747, 2,710

Nasdaq
Daily UT , Weekly UT

Potential resistance around 7,706, 8,428

Potential support around 7,516, 7,282, 7,134, 6,982, 6,516, 6,346, 6,261, 6,061

Russell
Daily DT, Weekly DT
Potential resistance around 1,585, 1,609, 1,624

Potential support around 1,543, 1,519, 1,508, 1,451, 1,420, 1,388, 1,341, 1,296

Key event to watch out  (SG Time, GMT+8)
24 Jun, Mon

• 1600 German Ifo Business Climate Index 
• 1800 UK Inflation Report Hearings 

25 Jun, Tue

• 0750 Japan BoJ Monetary Policy Meeting Minutes
• 2200 US CB Consumer Confidence (Jun)
• 2200 US New Home Sales (May) 

26 Jun, Wed

• 0100 US Fed Chair Powell Speaks  
• 1000 New Zealand RBNZ Interest Rate Decision 
• 1000 New Zealand RBNZ Rate Statement  
• 1100 New Zealand RBNZ Press Conference  
• 2030 US Core Durable Goods Orders (MoM) (May)
• 2230 US Crude Oil Inventories 

27 Jun, Thu

• 2030 US GDP (QoQ) (Q1)
• 2200 US Pending Home Sales (MoM) (May)

28 Jun, Fri

• 0750 Japan Tokyo Consumer Price Index 
• 1630 UK GDP (QoQ) (Q1)
• 1700 UK CPI (YoY) (Jun)
• 2030 Canada GDP (MoM) (Apr)
• 2200 US Michigan Consumer Sentiment Index

Dollar Index closed higher

On the daily chart, Dollar Index broke lhf and closed higher.  On the weekly chart, Dollar Index closed with an inside day.
Resistance at 98.7, TLU1, 99.8
Support at 97.3, 96.3, 95.0, 94.0, 93.3, 92.0, 90.6

COT for Dollar Index

Weekly chart with 50 SMA

Commodities Update 15 Jun 19

BDI closed lower from 1,138 (07 Jun) to 1,085 (14 Jun)
Harpex remained at 603.25 (07 Jun)

COT 

Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend

• Orange Juice
• Soybeans
• Natural Gas (1)
• Crude (1) 
• Heating Oil (1) 
• Silver
• Copper
• Platinum
• Feeder Cattle
• Cotton (1)
• Lumber (1) 

Neutral

• Sugar
• Palladium

Up Trend

• None

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend

• None

Neutral

• None

Down Trend

• 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 15 Jun 19

On the weekly chart, US markets broke pwh but the gain was trimmed and closed with a small roc.

BDI pull back.

Dollar Index closed higher with an inside day.

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

• Nasdaq

Neutral 

• Dow (1)

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

Dow

Daily Neutral, Weekly UT
Potential resistance around 26,245, 26,627, 26,976, 29,106

Potential support around 25,784, 25,645, 25,326, 24,837, 24,170, 23,567

S&P
Daily UT, Weekly UT

Potential resistance around 2,940, 2,983, 3,219

Potential support around 2,874, 2,854, 2,825, 2,814, 2,786, 2,747, 2,710

Nasdaq
Daily UT , Weekly UT

Potential resistance around 7,516, 7,706, 8,428

Potential support around 7,282, 7,134, 6,982, 6,516, 6,346, 6,261, 6,061

Russell
Daily DT, Weekly DT
Potential resistance around 1,543, 1,585, 1,609, 1,624

Potential support around 1,519, 1,508, 1,451, 1,420, 1,388, 1,341, 1,296

Key event to watch out  (SG Time, GMT+8)
17 Jun, Mon

• 1600 UK Inflation Report Hearings  

18 Jun, Tue

• 0930 Austrlia RBA Meeting Minutes 
• 1700 German ZEW Economic Sentiment (Jun)
• 1700 Europe CPI (YoY) (May)
• 2030 US Building Permits (May)

19 Jun, Wed

• 1630 UK CPI (YoY) (May)
• 2030 Canada Core CPI (MoM) (May)
• 2230 US Crude Oil Inventories 

20 Jun, Thu

• 0200 US FOMC Economic Projections  
• 0200 US FOMC Statement  
• 0200 US Fed Interest Rate Decision 
• 0230 US FOMC Press Conference  
• 1000 Japan BoJ Monetary Policy Statement  
• 1230 Japan BoJ Press Conference
• 1630 UK Retail Sales (MoM) (May) 
• 1900 UK BoE Interest Rate Decision (Jun) 
• 1900 UK BoE MPC Meeting Minutes  
• 2030 US Philadelphia Fed Manufacturing Index (Jun)

21 Jun, Fri

• 1530 German Manufacturing PMI (Jun)  
• 1600 Europe Markit PMI Composite
• 2030 Canada Core Retail Sales (MoM) (Apr) 
• 2200 US Existing Home Sales (May)