US Markets 07 Mar 26

The US market broke the previous week's low and closed lower. The daily trend of Dow and S&P turned neutral.

While BDI closed lower, Harpex remained unchanged, and  CDFI and CCFI closed higher.

The dollar index broke out of its consolidation and rallied.

Watch out for

• US trading time will be one hour earlier (Singapore Time Zone).
• CPI data from multiple countries.

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 are based on 50 Simple Moving Averages

Dow
Daily Neutral, Weekly UT

Potential resistance around 48,273, 50,403

Potential support around 46,144, 44,014, 41,884

S&P
Daily Neutral, Weekly UT

Potential resistance around 6,751, 6,987, 7,222

Potential support around 6,516, 6,280, 6,045

Nasdaq
Daily DT, Weekly UT

Potential resistance around 25,043, 25,766, 26,488

Potential support around 24,321, 23,598, 22,876

Russell
Daily UT, Weekly UT
Potential resistance around 2,561, 2,691, 2,821

Potential support around 2,430, 2,300, 2,170

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

09 Mar, Mon

• 0930 China CPI (MoM) (Feb)
• 0930 China CPI (YoY) (Feb)

10 Mar, Tue

• 0750 Japan GDP (QoQ) (Q4)
• 2200 US Existing Home Sales (Feb)

11 Mar, Wed

• 1500 Germany CPI (MoM) (Feb)
• 2030 US CPI (MoM) (Feb)
• 2030 US Core CPI (MoM) (Feb)
• 2230 US Crude Oil Inventories

12 Mar, Thu

• 0100 US 10-Year Note Auction
• 2030 US Initial Jobless Claims
• 2030 US Housing Starts (Jan)

13 Mar, Fri

• 0101 US 30-Year Bond Auction
• 1500 UK GDP (MoM) (Jan)
• 2200 US JOLTS Job Openings (Jan)
• 2200 US Michigan Consumer Sentiment (Mar)

Commodities Update 07 Mar 26

BDI reversed to close lower from 2,140 (27 Feb) to 2,010 (06 Mar)

Harpex remained the same at 2,213 (06 Mar)

CDFI closed higher from 1,123.8 (27 Feb) to 1,220.06 (06 Mar)

CCFI reversed to close higher from 1,044.57 (27 Feb) to 1,054.26 (06 Mar)

COT     

Download Commodities COT

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

• Coffee
• Cocoa
• Natural Gas
• Sugar

Neutral

• Platinum (1)
• Lumber (1)

Up Trend

• Crude
• Rough Rice
• Gold (1)
• Silver (1)

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

• Gasoline
• Copper
• Wheat

Neutral

• Palladium

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 a trend reversal

Dollar Index Rallied

The dollar index broke out of its consolidation and rallied.
Resistance at 99.8, 100.3
Support at 98.7, 97.3, 96.3, 95.0

COT for Dollar Index

Weekly chart with 50 SMA

US Markets 28 Feb 26

The US market closed lower while consolidating.

While BDI, Harpex and CDFI closed higher, CCFI closed lower.

The dollar index broke its previous week's high and reversed, closing lower. The dollar index is consolidating.

Watch out for

• Manufacturing and services PMI data from multiple countries
• US Nonfarm Payrolls
• The daylight saving time starts on 08 Mar 2026

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 are based on 50 Simple Moving Averages

Dow
Daily UT, Weekly UT
Potential resistance around 50,403

Potential support around 48,273, 46,144, 44,014

S&P
Daily Neutral, Weekly UT

Potential resistance around 6,987, 7,222

Potential support around 6,751, 6,516, 6,280, 6,045

Nasdaq
Daily DT, Weekly UT

Potential resistance around 25,043, 25,766, 26,488

Potential support around 24,321, 23,598, 22,876

Russell
Daily UT, Weekly UT
Potential resistance around 2,691, 2,821

Potential support around 2,561, 2,430, 2,300

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

02 Mar, Mon

• 1500 UK Nationwide HPI (MoM) (Feb)
• 1655 Germany HCOB Manufacturing PMI (Feb)
• 1700 Europe HCOB Manufacturing PMI (Feb)
• 1730 UK S&P Global Manufacturing PMI (Feb)
• 2245 US S&P Global Manufacturing PMI (Feb)
• 2300 US ISM Manufacturing PMI (Feb)

03 Mar, Tue

• 1800 UK Spring Forecast Statement

04 Mar, Wed

• 0830 Australia GDP (YoY) (Q4)
• 0830 Japan S&P Global Services PMI (Feb)
• 0930 China Manufacturing PMI (Feb)
• 1655 Germany HCOB Services PMI (Feb)
• 1700 Europe HCOB Services PMI (Feb)
• 1730 UK S&P Global Services PMI (Feb)
• 2115 US ADP Nonfarm Employment Change (Feb)
• 2245 US S&P Global Services PMI (Feb)
• 2300 US ISM Non-Manufacturing PMI (Feb)
• 2330 US Crude Oil Inventories

05 Mar, Thu

• 2130 US Initial Jobless Claims

06 Mar, Fri

• 1800 Europe GDP (QoQ) (Q4)
• 2130 US 2030 US Retail Sales (MoM) (Jan)
• 2130 US 2030 US Core Retail Sales (MoM) (Jan)
• 2130 US Nonfarm Payrolls (Feb)
• 2130 US Unemployment Rate (Feb)
• 2300 Canada Ivey PMI (Feb)

Commodities Update 28 Feb 26

BDI reversed to close higher from 2,043 (20 Feb) to 2,140 (27 Feb)

Harpex closed higher from 2,206 (20 Feb) to 2,213 (27 Feb)

CDFI closed higher from 1,073.46 (13 Feb) to 1,123.8 (27 Feb)

CCFI closed lower from 1,088.14 (13 Feb) to 1,044.57 (27 Feb)

COT     

Download Commodities COT

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

• Coffee
• Cocoa
• Natural Gas
• Sugar

Neutral

• None

Up Trend

• Crude
• Rough Rice
• Gold (1)
• Platinum (1)
• Silver (1)
• Lumber (1)

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

• Gasoline
• Copper
• Palladium
• Wheat

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 a trend reversal

Dollar Index closed lower

The dollar index broke its previous week's high and reversed, closing lower. The dollar index is consolidating.
Resistance at 98.7, 99.8, 100.3
Support at 97.3, 96.3, 95.0, 94.0

COT for Dollar Index

Weekly chart with 50 SMA