Sunday, September 27, 2026

US Markets 26 Sep 26

The US market closed higher, except for the Russell, which closed lower.
Nasdaq closed at the historic high, with the daily trend turning up.

The dollar index closed higher again and broke the 100.3 resistance level.

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

Watch out for

  • Interest Rate Decision by Australia
  • Manufacturing and Non-Manufacturing PMI by multiple countries
  • US GDP and NFP

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

UT 
  • None
Neutral 
  • None
DT 
  • Russell

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 DT, Weekly UT
Potential resistance around 52,533, 54,662, 56,792
Potential support around 50,403, 48,273, 46,144

S&P
Daily UT, Weekly UT
Potential resistance around 7,929
Potential support around 7,693, 7,458, 7,222

Nasdaq
Daily UT
, Weekly UT
Potential resistance around 30,822, 31,545
Potential support around 30,100, 29,378, 28,655

Russell
Daily DT
Weekly UT
Potential resistance around 2,951, 3,081, 3,212
Potential support around 2,821, 2,691, 2,561

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

28 Sep, Mon

  • No important data

29 Sep, Tue

  • 1230 Australia RBA Interest Rate Decision (Sep)
  • 2200 US CB Consumer Confidence  (Sep)
  • 2200 US JOLTS Job Openings (Aug)

30 Sep, Wed

  • 0930 China Manufacturing PMI  (Sep)
  • 0930 China Non-Manufacturing PMI  (Sep)
  • 1400 UK GDP (QoQ) (Q2)
  • 2000 Germany CPI (MoM) (Sep) ^P
  • 2015 US ADP Nonfarm Employment Change (Sep)
  • 2030 US Core PCE Price Index (MoM) (Aug)
  • 2030 US GDP (QoQ) (Q2)
  • 2145 US Chicago PMI  (Sep)
  • 2230 US Crude Oil Inventories

01 Oct, Thu

  • China and Hong Kong on holiday
  • 1555 Germany HCOB Manufacturing PMI (Sep)
  • 1600 Europe HCOB Manufacturing PMI (Sep)
  • 1630 UK S&P Global Manufacturing PMI (Sep)
  • 2030 US Initial Jobless Claims
  • 2145 US S&P Global Manufacturing PMI (Sep)
  • 2200 US ISM Manufacturing PMI (Sep)

02 Oct, Fri

  • China on holiday
  • 1700 Europe CPI (YoY) (Sep)
  • 1700 Europe Core CPI (YoY) (Sep)
  • 2030 US Nonfarm Payrolls (Sep)
  • 2030 US Unemployment Rate (Sep)

^P: Preliminary Release

Commodities Update 26 Sep 26

BDI reversed to close higher, from 3,370 (18 Sep) to 3,426 (25 Sep)

Harpex unchanged at 2,450 (25 Sep)

CDFI reversed to close higher, from 1,756.6 (18 Sep) to 1,761.82 (24 Sep)

CCFI closed higher, from 1,897.15 (18 Sep) to 1,917.68 (24 Sep)

COT     

Download Commodities COT

Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Lumber (1)
  • Coffee (1)
  • Cocoa
Neutral
  • None
Up Trend
  • Silver
  • Platinum
  • Gold

Instruments that show selling interest at extremes (2) only by Producer/Merchant/Processor/User
Up Trend
  • Sugar
  • Soybeans
  • Soybean Meal
  • Corn
  • Copper
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 broke the 100.3 resistance

The dollar index closed higher again and broke the 100.3 resistance level
Resistance at 102.3, 103.6
Support at 100.3, 99.8, 98.7

COT for Dollar Index


Weekly chart with 50 SMA

Sunday, September 20, 2026

US Markets 19 Sep 26

The US market closed lower, except for the Nasdaq, which closed higher.
The Dow's daily trend turned down.

The dollar index broke the consolidation resistance and rallied.

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

Watch out for

  • Meeting of President Trump and President Xi
  • Japan short trading week
  • Preliminary Release of Manufacturing and Services PMI from multiple countries
  • Switzerland SNB Interest Rate Decision

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

UT 
  • None
Neutral 
  • None
DT 
  • Russell

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 DT, Weekly UT
Potential resistance around 52,533, 54,662, 56,792
Potential support around 50,403, 48,273, 46,144

S&P
Daily UT, Weekly UT
Potential resistance around 7,693, 7,929
Potential support around 7,458, 7,222, 6,987

Nasdaq
Daily Neutral
, Weekly UT
Potential resistance around 30,100, 30,822, 31,545
Potential support around 29,378, 28,655, 27,933

Russell
Daily DT
Weekly UT
Potential resistance around 2,951, 3,081, 3,212
Potential support around 2,821, 2,691, 2,561

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

21 Sep, Mon

  • Japan on holiday
  • 0915 China PBoC Loan Prime Rate 

22 Sep, Tue

  • Japan on holiday
  • 2015 US ADP Employment Change Weekly  

23 Sep, Wed

  • Japan on holiday
  • 1530 Germany HCOB Manufacturing PMI (Sep) ^P
  • 1530 Germany HCOB Services PMI (Sep) ^P
  • 1600 Europe HCOB Manufacturing PMI (Sep) ^P
  • 1600 Europe HCOB Services PMI (Sep) ^P
  • 1630 UK S&P Global Manufacturing PMI (Sep) ^P
  • 1630 UK S&P Global Services PMI (Sep) ^P
  • 2145 US S&P Global Manufacturing PMI (Sep) ^P
  • 2145 US S&P Global Services PMI (Sep) ^P
  • 2230 US Crude Oil Inventories

24 Sep, Thu

  • President Trump and President Xi Summit
  • 0930 Australia Unemployment Rate (Aug)
  • 1530 Switzerland SNB Interest Rate Decision (Q3)
  • 2030 US Initial Jobless Claims
  • 2030 Canada Retail Sales (MoM) (Jul)
  • 2030 Canada Core Retail Sales (MoM) (Jul)
  • 2200 US New Home Sales (Aug)

25 Sep, Fri

  • China on holiday
  • 2030 US Durable Goods Orders (MoM) (Aug)
  • 2200 US Michigan Consumer Sentiment (Sep)

^P: Preliminary Release

Commodities Update 19 Sep 26

BDI continued to close lower, from 3,507 (11 Sep) to 3,370 (18 Sep)

Harpex closed higher, from 2,447 (11 Sep) to 2,450 (18 Sep)

CDFI reversed to close lower, from 1,791.42 (11 Sep) to 1,756.6 (18 Sep)

CCFI closed higher, from 1,862.18 (11 Sep) to 1,897.15 (18 Sep)

COT     

Download Commodities COT

Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Lumber (1)
  • Coffee
Neutral
  • Cocoa
Up Trend
  • Silver
  • Platinum
  • Gold

Instruments that show selling interest at extremes (2) only by Producer/Merchant/Processor/User
Up Trend
  • Cotton
  • Sugar
  • Soybeans
  • Soybean Meal
  • Corn
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 rallied

The dollar index broke the consolidation resistance and rallied.
Resistance at 100.3, 102.3
Support at 99.8, 98.7, 97.3

COT for Dollar Index


Weekly chart with 50 SMA