Dollar Index continues to consolidate

Dollar Index continues to consolidate.  On the weekly chart, it broke hlf and closed with a +roc.
Resistance at 95.0, 96.3, 97.3, 98.7
Support at 94.0, 93.0, TLD3, 92.0, 90.6

Due to my PC broke down, chart on US dollar Index is not available till further notice.

COT for Dollar Index

Weekly chart with 50 SMA

Commodities Update 28 Jul 18

BDI closed lower at 1676 (27 Jul) from 1689 (20Jul)
Harpex continues to pull back, closed at 628.60 (20 Jul) from 652.15 (13 Jul)

COT 

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

• Corn
• Coffee (1)
• Sugar
• Soybean Oil (1)
• Natural Gas (1)
• Gold
• Palladium
• Platinum (1)

Neutral

• Crude

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 28 Jul 18

US markets closed mixed this week.  Dow and S&P closed higher.  Nasdaq tested higher but failed to hold.  Russell broke hlf, consolidating.

BDI and Harpex pull back.

Dollar Index continues to consolidate.

Various countries will be reporting  Manufacturing PMI and decide on the Interest rate.  US FOMC statement and Interest rate decision on Thur 0200 Hrs (SGT) and NFP (Nonfarm Payrolls) on Fri.

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 

• 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 UT, Weekly UT
Potential resistance around 25,589, 25,784, 26,627, 26,976

Potential support around 25,336, 24,481, 24,170, 23,567, 23,435, 23,175, 22,776

S&P
Daily UT, Weekly UT

Potential resistance around 2,825, 2,874

Potential support around 2,814, 2,786, 2,748, 2,710, 2,593, TLD1, 2,551, TLU1, 2,506

Nasdaq
Daily UT, Weekly UT

Potential resistance around 7,516, TLU7, 7,706

Potential support around 7,282, 7,134, 6,982, TLU6, 6,857, 6,346, 6,261

Russell
Daily UT, Weekly UT
Potential resistance around 1,683, 1,708, TLU3, 1,649, 1,779

Potential support around 1,624, 1,609, 1,585, 1,543, 1,519, 1,508, 1,494, TLD1, 1,451

Key event to watch out  (SG Time)
30 Jul, Mon

• 2000 German Harmonized Index of Consumer Prices (YoY)
• 2200 US Pending Home Sales (MoM) (Jun)  

31 Jul, Tue

• 0900 China Manufacturing PMI (Jul) 
• 1000 Japan BoJ Monetary Policy Statement (YoY)
• 1000 Japan BoJ Outlook Report (YoY)     
• 1200 Japan BoJ Press Conference 
• 1555 German Unemployment Change (Jul)
• 1700 Europe CPI (YoY) (Jul)
• 1700 Europe GDP (QoQ)
• 2030 Canada GDP (MoM) (May)
• 2200 US CB Consumer Confidence (Jul)  

01 Aug, Wed

• 0945 China Caixin Manufacturing PMI (Jul) 
• 1555 German Manufacturing PMI (Jul)
• 1630 UK Manufacturing PMI (Jul)  
• 2015 US ADP Nonfarm Employment Change (Jul)
• 2200 US ISM Manufacturing PMI (Jul)  
• 2230 US Crude Oil Inventories

02 Aug, Thu

• 0200 US FOMC Statement
• 0200 US Fed Interest Rate Decision 
• 1630 UK Construction PMI (Jul) 
• 1900 UK BoE Inflation Report
• 1900 UK BoE Interest Rate Decision (Aug) 

03 Aug, Fri

• 0930 Australia Retail Sales (MoM) (Jun)  
• 1630 UK Services PMI (Jul) 
• 2030 US Nonfarm Payrolls (Jul)
• 2030 US Unemployment Rate (Jul)   
• 2200 US ISM Non-Manufacturing PMI (Jul)

Dollar Index continues to consolidate

Dollar Index continues to consolidate.  On the weekly chart, it tested 95.0 resistance and  broke hlf.
Resistance at 95.0, 96.3, 97.3, 98.7
Support at 94.0, 93.0, TLD3, 92.0, 90.6

Due to my PC broke down, chart on US dollar Index is not available till further notice.

COT for Dollar Index

Weekly chart with 50 SMA

Commodities Update 21 Jul 18

BDI end higher note at 1689 (20 Jul) from 1666 (13 Jul)
Harpex closed lower for another week to 652.15 (13 Jul) from 668.26 (06 Jul)

COT 

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

• Coffee (1)
• Sugar
• Soybean Oil (1)
• Gold
• Platinum (1)

Neutral

• Crude

Up Trend

• Natural Gas

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 21 Jul 18

On the weekly charts, US markets broke higher but either closed with -roc or small roc.  US markets losing momentum to go higher.

BDI closed higher while Harpex closed lower.

Dollar Index consolidating, resisted at 95.0

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 

• 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 UT, Weekly UT
Potential resistance around 25,336, 25,784, 26,627, 26,976

Potential support around 24,481, 24,170, 23,567, 23,435, 23,175, 22,776

S&P
Daily UT, Weekly UT

Potential resistance around 2,814, 2,825, 2,874

Potential support around  2,786, 2,748, 2,710, 2,593, TLD1, 2,551, TLU1, 2,506

Nasdaq
Daily UT, Weekly UT

Potential resistance around 7,419, TLU7, 7,706

Potential support around 7,134, 6,982, TLU6, 6,857, 6,346, 6,261

Russell
Daily UT, Weekly UT
Potential resistance around 1,708, TLU3, 1,649, 1,779

Potential support around 1,683, 1,666, 1,624, 1,609, 1,585, 1,543, 1,519, 1,508, 1,494, TLD1, 1,451

Key event to watch out  (SG Time)
23 Jul, Mon

• 2200 US Existing Home Sales (Jun)

24 Jul, Tue

• 1530 German Manufacturing PMI (Jul)

25 Jul, Wed

• 0930 Australia CPI (QoQ) (Q2)
• 1600 German Ifo Business Climate Index 
• 2200 US New Home Sales (Jun) 
• 2230 US Crude Oil Inventories

26 Jul, Thu

• 0930 Australia Producer Price Index
• 1945 Europe Deposit Facility Rate
• 1945 Europe ECB Marginal Lending Facility
• 1945 Europe ECB Interest Rate Decision (Jul)   
• 2030 US Core Durable Goods Orders (MoM) (Jun) 
• 2030 Europe ECB Press Conference     

27 Jul, Fri

• 2030 US GDP (QoQ) (Q2)  

Dollar Index continues to consolidate

Dollar Index continues to consolidate.  On the weekly chart, it formed a +roc outside day tested 95.0 resistance level.
Resistance at 95.0, 96.3, 97.3, 98.7
Support at 94.0, 93.0, TLD3, 92.0, 90.6

COT for Dollar Index

Weekly chart with 50 SMA

Commodities Update 14 Jul 18

BDI end higher note at 1666 (13 Jul) from 1622 (06 Jul)
Harpex closed lower 668.26 (06 Jul) from 672.73 (29 Jun)

COT 

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

• Coffee
• Sugar
• Soybean Oil
• Gold
• Platinum (1)

Neutral

• None

Up Trend

• Crude
• Natural Gas

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 14 Jul 18

On the weekly charts, US markets broke lhf and closed higher.  Russell brok lhf but closed lower with -roc.  Nasdaq created a historic high.

BDI closed higher while Harpex closed lower.

Dollar Index consolidating, resisted at 95.0

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 

• 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 UT, Weekly UT
Potential resistance around 25,402, 25,784, 26,627, 26,976

Potential support around 24,483, 24,170, 23,567, 23,435, 23,175, 22,776

S&P
Daily UT, Weekly UT

Potential resistance around 2,825, 2,874

Potential support around  2,786, 2,748, 2,710, 2,593, TLD1, 2,551, TLU1, 2,506

Nasdaq
Daily UT, Weekly UT

Potential resistance around TLU7, 7,706

Potential support around 7,291, 7,134, 6,982, TLU6, 6,857, 6,346, 6,261

Russell
Daily UT, Weekly UT
Potential resistance around 1,708, TLU3, 1,649, 1,779

Potential support around 1,683, 1,666, 1,624, 1,609, 1,585, 1,543, 1,519, 1,508, 1,494, TLD1, 1,451

Key event to watch out  (SG Time)
16 Jul, Mon

• Japan Holiday
• 1000 China GDP (YoY) (Q2)
• 1000 China Industrial Production (YoY) (Jun)
• 2030 US Core Retail Sales (MoM) (Jun)   
• 2030 US Retail Sales (MoM) (Jun)

17 Jul, Tue

• 0645 New Zealand CPI (QoQ) (Q2)
• 0930 Australia RBA Meeting Minutes
• 1630 UK Average Earnings
• 2200 US Fed Chair Powell Testifies

18 Jul, Wed

• 1630 UK CPI (YoY) (Jun)
• 1700 Europe CPI (YoY) (Jun)
• 2030 US Building Permits (Jun)
• 2200 US Fed's Powell Speech
• 2230 US Crude Oil Inventories

19 Jul, Thu

• 0930 Australia Employment Change (Jun) 
• 1630 UK Retail Sales (MoM) (Jun)
• 2030 US Philadelphia Fed Manufacturing Index (Jul)

20 Jul, Fri

• 2030 Canada Core CPI (MoM) (Jun)
• 2030 Canada Core Retail Sales (MoM) (May)   

Dollar Index consolidating

Dollar Index is consolidating
Resistance at 94.0, 95.0, 96.3, 97.3, 98.7
Support at 93.0, TLD3, 92.0, 90.6, Trend Channel (Blue)

Due to a Federal holiday, COT data will be delayed for a few days.

Weekly chart with 50 SMA