Dollar Index failed to close above 92.0 again

This is second week Dollar Index tested and failed to close above 92.0.  This is the second week of an inside day since 8 Sep on the weekly chart.  Potential explosive movement coming.
Resistance at 92.0, TLD2, 93.0, TLD3
Support at TLD7, TLD5, 90.6. 89.3

USD Impact currencies/Gold/Crude(wow)

Weekly chart with 50 SMA

Commodities Update - 23 Sep 17

BDI rallied from 1,385 (15 Sep) to 1,502 (22 Sep)
Harpex closed higher from 515.88 (09 Sep) to 517.07 (16 Sep)

Summary
Commodities closed mixed.

COT 

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

• Corn

Neutral

• Natural Gas

Up Trend

• Cocoa (1)
• Coffee
• Sugar (1)
• Crude

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

• Feeder Cattle
• Rough Rice
• Heating Oil
• Gold
• Palladium

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

Indices Performance Chart - 23 Sep 17

Europe closed higher while Asia and US closed mixed.
On the weekly chart, Nasdaq broke hlf and closed with -roc while Russell closed higher almost tested historic high.

BDI rallied and broke 1500 mark while Harpex continues to climb higher.

This is second week Dollar Index tested and failed to close above 92.0.  This is the second week of an inside day since 8 Sep on the weekly chart. 

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

• Dow

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

US markets closed mixed.  On the weekly chart, Nasdaq broke hlf and closed with -roc while Russell closed higher almost tested historic high.

Dow

Daily UT, Weekly UT
Potential resistance around 22,717, 24,847

Potential support around TLU11, 22,121, 22,027, TLU6, TLD1, 21,659

S&P
Daily Neutral, Weekly UT

Potential resistance around 2,512, TLU1, 2,748

Potential support around 2,480, 2,450, 2,406, 2,392, 2,366

Nasdaq
Daily UT, Weekly UT
Potential resistance around 5,952, 6,261, TLU7, 6,983

Potential support around 5,890, TLD1, TLU3, TLU5, 5,722,  5,634

Russell
Daily UT, Weekly UT
Potential resistance around 1,451, TLU1, TLU3, TLU5, 1,519
Potential support around 1,420, 1,389, TLD1, 1,341

Key event to watch out  (SG Time)

25 Aug, Mon

• 0200 EUR German Federal Election
• 1600 EUR German Ifo Business Climate Index (Sep)

26 Sep, Tue

• 0750 JPY BoJ Monetary Policy Meeting Minutes
• 1800 GBP UK Inflation Report Hearings
• 2200 USD CB Consumer Confidence (Sep)
• 2200 USD New Home Sales (Aug) 

27 Sep, Wed

• 1630 GBP UK GDP (QoQ) (Q2)
• 2030 USD US Core Durable Goods Orders (MoM) (Aug) 
• 2200 USD US Pending Home Sales (MoM) (Aug)
• 2230 USD Crude Oil Inventories

28 Sep, Thu

• 0400 NZD RBNZ Interest Rate Decision
• 2030 USD US GDP (QoQ) (Q2)

29 Sep, Fri

• 1600 EUR German Unemployment Change (Sep)
• 1800 EUR Europe CPI (YoY) (Sep) 
• 2030 CAD Canada GDP (MoM) (Jul

30 Sep, Sat

• 0900 CNY China Manufacturing PMI (Sep)  
• 0945 CNY China Caixin Manufacturing PMI (Sep)   

Dollar Index failed to close above 92

Dollar index closed with an inside day on the weekly chart. 
Dollar index broke up 92 resistance but failed to hold and closed below.  Watch out for Thu monring Fed Interest Rate Decision 
Resistance at TLD5, TLD7, 92.0, TLD2, 93.0, TLD3
Support at TLD5, 90.6. 89.3

USD Impact currencies/Gold/Crude(wow)

Weekly chart with 50 SMA

Commodities Update - 16 Sep 17

BDI closed at 1385 (15 Sep)
Harpex closed at 515.88 (09 Sep)

Summary
Energy, Coffee and Sugar closed higher.  Metals closed lower while the rest closed mixed.
BDI and Harpex continue to climb up steadily.

COT 

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

• None

Neutral

• None

Up Trend

• Cocoa (1)
• Coffee
• Sugar (1)
• Crude

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

• Feeder Cattle
• Rough Rice
• Copper
• Gold
• Palladium

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

Indices Performance Chart - 16 Sep 17

US, Japan and Europe closed higher while Asia closed lower.
Dow and S&P created a new historic high.
BDI and Harpex continue to climb up steadily.
Dollar Index broke up 92 but failed to hold when closing.

Important event on Thu (21 Sep) 0200 Hrs, Fed Interest Rate Decision followed by FOMC Press conference at 0230 Hrs.

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

• Dow

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 

US markets (except for Russell) broke lhf.  Dow and S&P created a new historic high.  COT show mixed sentimental. 

Dow

Daily UT, Weekly UT
Potential resistance around 22,717, 24,847

Potential support around TLU11, 22,121, 22,027, TLU6, TLD1, 21,659

S&P
Daily Neutral, Weekly UT

Potential resistance around 2,512, TLU1, 2,748

Potential support around 2,480, 2,450, 2,406, 2,392, 2,366

Nasdaq
Daily UT, Weekly UT
Potential resistance around 6,261, TLU7, 6,983

Potential support around 5,952, 5,890, TLU3, TLU5, 5,722,  5,634

Russell
Daily Neutral, Weekly UT
Potential resistance around 1,451, TLU1, TLU3, TLU5, 1,519
Potential support around 1,420, 1,389, TLD1, 1,341

Key event to watch out  (SG Time)

21 Aug, Mon

• Japan Holiday
• 1700 EUR Europe CPI (YoY)

19 Sep, Tue

• 0930 AUD RBA Meeting's Minutes 
• 1700 EUR German ZEW Economic Sentiment (Sep)
• 2030 USD US Building Permits (Aug) 

20 Sep, Wed

• 1500 EUR Non-monetary policy's ECB meeting 
• 1630 GBP UK Retail Sales (MoM) (Aug
• 2200 USD Existing Home Sales (Aug)
• 2230 USD Crude Oil Inventories

21 Sep, Thu

• 0200 USD Fed Interest Rate Decision
• 0230 USD FOMC Press conference 
• 0645 NZD New Zealand GDP (QoQ) (Q2
• 1000 JPY BoJ Interest Rate Decision 
• 1000 JPY BoJ Monetary Policy Statement 
• 1430 JPY BoJ Press Conference 
• 2030 USD US Philadelphia Fed Manufacturing Index (Sep)

22 Sep, Fri

• 1530 EUR German Manufacturing PMI (Sep)
• 2030 CAD Canada Core CPI (MoM) (Aug)  
• 2030 CAD Canada Core Retail Sales (MoM) (Jul)   

No update of blog until further notice

Due to my aunt still in hospital for a critical condition, no update on the blog until further notice.

Here are the COT charts 

Download Commodities COT

No update of blog on 02 Sep 2017

Due to some personal commitment, no update on the blog for this week (02 Sep 2017).

Here are the COT charts

Download Commodities COT