Dollar Index closed higher

Dollar Index broke pwl and recovered to close above 97.3 resistance level.
Resistance at TLU1, 98.7, 99.8, TLU2, 100.3
Support at 97.3, 96.3, TLU4, TLD1, 95.0, 94.0

COT for Dollar Index

Weekly chart with 50 SMA

Commodities Update 26 Oct 19

BDI closed lower again, from 1,855 (18 Oct) to 1,801 (25 Oct)
Harpex closed lower from 726.40 (11 Oct) to 723.72 (18 Oct)

COT 

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

• Gasoline
• Sugar (1)
• Orange Juice

Neutral

• Crude (1)

Up Trend

• Soybean Meal 
• Copper
• Heating Oil
• Natural Gas (1)
• Cotton

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 26 Oct 19

US market closed higher.  On the weekly chart, Dow broke pwl, recovered and closed with a +roc.  S&P, Nasdaq and Russell broke pwh.  S&P and Nasdaq testing recent high.

BDI and Harpex closed lower.

Dollar Index closed higher.

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 is based on 50 Simple Moving Average 

Dow

Daily UT, Weekly UT
Potential resistance around 26,976, 27,350, 29,106

Potential support around 26,627, 26,245, 25,784, 25,645, 25,326, 24,837

S&P
Daily UT, Weekly UT

Potential resistance around 3,022, 3,219

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

Nasdaq
Daily UT, Weekly UT

Potential resistance around 8,428

Potential support around 8,002, 7,859, 7,706, 7,516, 7,282, 7,134, 6,982, 6,516

Russell
Daily UT, Weekly Neutral
Potential resistance around 1,585, 1,609, 1,624

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)

28 Oct, Mon

• Singapore and New Zealand holiday
• 2030 US Goods Trade Balance
• 2300 Europe ECB President Draghi Speaks

29 Oct, Tue

• 0730 Japan Tokyo CPI ex Fresh Food (YoY)
• 1445 Australia RBA's Governor Lowe speech
• 2200 US CB Consumer Confidence (Oct) 
• 2200 US Pending Home Sales (MoM) 

30 Oct, Wed

• 0830 Australia CPI (QoQ) (Q3)
• 1655 German Unemployment Change (Oct)
• 1900 German Harmonized Index of Consumer Prices (YoY)
• 2015 US ADP Nonfarm Employment Change (Oct)
• 2030 US GDP (QoQ) (Q3) 
• 2200 Canada BoC Monetary Policy Report  
• 2200 Canada BoC Interest Rate Decision 
• 2200 Canada BOC Press Conference  
• 2230 US Crude Oil Inventories 

31 Oct, Thu

• 0200 US FOMC Statement  
• 0200 US Fed Interest Rate Decision 
• 0800 UK Brexit Day - UK leaves the EU
• 0900 China Manufacturing PMI (Oct)
• 1030 Japan BoJ Monetary Policy Statement  
• 1100 Japan BoJ Outlook Report (YoY)
• 1100 Japan BoJ Interest Rate Decision  
• 1430 Japan BoJ Press Conference  
• 1800 Europe CPI (YoY) (Oct)  
• 1800 Europe Gross Domestic Product s.a.
• 2030 Canada GDP (MoM) (Aug)
• 2330 Switzerland SNB's Chairman Jordan speech

01 Nov, Fri

• 0830 Australia Producer Price Index 
• 0945 China Caixin Manufacturing PMI (Oct) 
• 1730 UK Manufacturing PMI (Oct)
• 2030 US Nonfarm Payrolls (Oct)
• 2030 US Unemployment Rate (Oct)
• 2200 US ISM Manufacturing PMI (Oct) 

Dollar Index closed lower

Dollar Index continues to close lower, broke 97.3 support.
Resistance at 97.3, TLU1, 98.7, 99.8, TLU2, 100.3
Support at 96.3, TLU4, TLD1, 95.0, 94.0

COT for Dollar Index

Weekly chart with 50 SMA

Commodities Update 19 Oct 19

BDI closed lower from 1,924 (11 Oct) to 1,855 (18 Oct)
No changed in Harpex at 726.40 (11 Oct)

COT 

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

• Gasoline

Neutral

• Crude (1)
• Sugar 
• Orange Juice

Up Trend

• Wheat
• Soybean Meal 
• Copper
• Heating Oil
• Natural Gas (1)
• Lumber
• Feeder Cattle

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 19 Oct 19

US market closed higher except for Dow closed lower.
On the weekly chart, Dow broke lhf and closed with a very small +roc.  S&P and Nasdaq broke pwh and the gain was trimmed before closing.  Russell broke lhf and closed with a +roc.

BDI closed lower.

Dollar Index closed lower.

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

• Russell

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 26,976, 27,350, 29,106

Potential support around 26,627, 26,245, 25,784, 25,645, 25,326, 24,837

S&P
Daily UT, Weekly UT

Potential resistance around 3,022, 3,219

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

Nasdaq
Daily UT, Weekly UT

Potential resistance around 8,002, 8,428

Potential support around 7,859, 7,706, 7,516, 7,282, 7,134, 6,982, 6,516

Russell
Daily UT, Weekly Neutral
Potential resistance around 1,543, 1,585, 1,609, 1,624

Potential support around 1,519, 1,508, 1,451, 1,420, 1,388, 1,341, 1,296

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

21 Oct, Mon

• 0930 China PBoC Interest Rate 

22 Oct, Tue

• Japan holiday
• 1600 Europe ECB Bank Lending Survey
• 2030 Canada Core Retail Sales (MoM) (Aug) 
• 2030 US Existing Home Sales (Sep)

23 Oct, Wed

• 2230 US Crude Oil Inventories 

24 Oct, Thu

• 1630 German Manufacturing PMI (Oct)  
• 1700 Europe Markit PMI Composite
• 1945 Europe Deposit Facility Rate (Oct)
• 1945 Europe ECB Marginal Lending Facility 
• 1945 Europe ECB Monetary Policy Statement  
• 1945 Europe ECB Interest Rate Decision (Oct)
• 2030 US Core Durable Goods Orders (MoM) (Sep)
• 2030 Europe ECB Press Conference  
• 2200 US New Home Sales

25 Oct, Fri

• 1600 German Ifo Business Climate Index (Oct)
• 2200 US Michigan Consumer Sentiment Index