No Update

Due to  family commitments, blog will not be updated.

Dollar Index closed higher

On the weekly chart, Dollar Index broke hlf and recovered to close higher with a +roc.
Resistance at TLD1, 97.3, 98.7, TLU1, 99.8
Support at 96.3, 95.0, 94.0, 93.3, 92.0, 90.6

COT for Dollar Index

Weekly chart with 50 SMA

Commodities Update 203 Jul 19

BDI continues to rally, from 1,865 (12 Jul) to 2,170 (19 Jul)
Harpex closed higher from 618.76 (05 Jul) to 629.19 (12 Jul)

COT 

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

• Natural Gas (1) 
• Crude (1) 
• Heating Oil (1) 
• Copper (1)
• Cotton (1)
• Sugar

Neutral

• Lumber
• Feeder Cattle

Up Trend

• Orange Juice
• Palladium
• Soybean Meal

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 20 Jul 19

On the weekly chart, US markets (except Russell) broke pwh, failed to sustain and closed lower with a -roc.   Russell broke pwl and closed lower.

BDI and Harpex closed higher.

Dollar Index closed higher.

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

• None

Neutral 

• None

DT 

• Russell (1)

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 29,106

Potential support around 26,976, 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 3,219

Potential support around 2,983, 2,940, 2,874, 2,854, 2,825, 2,814, 2,786, 2,747, 2,710

Nasdaq
Daily Neutral, Weekly UT

Potential resistance around 8,428

Potential support around 7,859, 7,706 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, 1,683, 1,708

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)
22 Jul, Mon

• No important data

23 Jul, Tue

• 1600 Europe ECB Bank Lending Survey
• 1630 UK FPC Meeting Minutes
• 2200 US Existing Home Sales (Jun) 

24 Jul, Wed

• 1530 German Manufacturing PMI (Jul)  
• 1600 Europe Markit PMI Composite
• 2200 US New Home Sales (Jun)
• 2230 US Crude Oil Inventories 

25 Jul, Thu

• 1105 Australia RBA's Governor Lowe speech
• 1600 German Ifo Business Climate Index 
• 1945 Europe Deposit Facility Rate 
• 1945 Europe ECB Marginal Lending Facility 
• 1945 Europe ECB Monetary Policy Statement  
• 1945 Europe ECB Interest Rate Decision (Jul) 
• 2030 US Core Durable Goods Orders (MoM) (Jun)
• 2030 Europe ECB Press Conference  

26 Jul, Fri

• 2030 US GDP (QoQ) (Q2)

Dollar Index closed lower

On the weekly chart, Dollar Index broke pwh but failed to hold and closed lower with a -roc
Resistance at 97.3, 98.7, TLU1, 99.8
Support at 96.3, 95.0, 94.0, 93.3, 92.0, 90.6

COT for Dollar Index

Weekly chart with 50 SMA

Commodities Update 13 Jul 19

BDI continues to rally, from 1,740 (05 Jul) to 1,865 (12 Jul)
Harpex closed higher from 611.60 (28 Jun) to 618.76 (05 Jul)

COT 

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

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

Neutral

• None

Up Trend

• Lumber
• Palladium
• Soybean Meal

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 13 Jul 19

US markets closed at a new historic high except for Russell consolidating.  On the weekly chart, Russell closed lower with a -roc.

BDI and Harpex closed higher.

Dollar Index closed lower.

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 is based on 50 Simple Moving Average

Dow

Daily UT, Weekly UT
Potential resistance around 29,106

Potential support around 26,976, 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 3,219

Potential support around 2,983, 2,940, 2,874, 2,854, 2,825, 2,814, 2,786, 2,747, 2,710

Nasdaq
Daily Neutral, Weekly UT

Potential resistance around 8,428

Potential support around 7,859, 7,706 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, 1,683, 1,708

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)
15 Jul, Mon

• Japan Holiday
• 1000 China GDP (YoY) (Q2)
• 1000 China Industrial Production (YoY) (Jun) 

16 Jul, Tue

• 0645 New Zealand CPI (QoQ) (Q2)
• 0930 Australia RBA Meeting Minutes  
• 1630 UK Average Earnings Index +Bonus (May)
• 1630 UK Claimant Count Change (Jun)
• 1700 German ZEW Economic Sentiment (Jul)
• 2030 US Core Retail Sales (MoM) (Jun) 
• 2030 US Retail Sales (MoM) (Jun)

17 Jul, Wed

• 0100 US Fed's Chair Powell speech
• 1630 UK CPI (YoY) (Jun)
• 1700 Europe CPI (YoY) (Jun)
• 2030 US Building Permits (Jun)
• 2030 Canada Core CPI (MoM) (Jun)
• 2230 US Crude Oil Inventories 

18 Jul, Thu

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

19 Jul, Fri

• 2030 Canada Core Retail Sales (MoM) (May) 
• 2200 US Michigan Consumer Sentiment Index

COT update

COT for US markets

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 is based on 50 Simple Moving Average

Download Commodities COT

COT for Dollar Index