US Markets 13 Sep 25

The US market closed higher. The Dow, the S&P and the Nasdaq closed at historic highs.

While BDI and CCFI reversed to close higher, Harpex continued to close higher, and CCFI continued to go lower.

The dollar index remained directionless. It closed lower.

Watch out for

• CPI data from multiple countries
• Interest Rate Decisions by Canada, the US, the UK and Japan.

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 are based on 50 Simple Moving Averages

Dow
Daily UT, Weekly UT
Potential resistance around 46,144, 48,273

Potential support around 44,014, 41,884, 39,754, 37,625

S&P
Daily UT, Weekly UT

Potential resistance around 6,751

Potential support around 6,516, 6,280, 6,045, 5,809

Nasdaq
Daily UT, Weekly UT

Potential resistance around 23,598, 24,321

Potential support around 22,876,22,154, 21,431

Russell
Daily UT, Weekly UT
Potential resistance around 2,430, 2,561

Potential support around 2,300, 2,170, 2,040, 1,910

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

15 Sep, Mon

• Japan on holiday
• 1000 China Industrial Production (YoY) (Aug)
• 1000 China Unemployment Rate (Aug)
• 2030 US NY Empire State Manufacturing Index (Sep)

16 Sep, Tue

• 1400 UK Claimant Count Change (Aug)
• 1400 UK Unemployment Rate (Jul)
• 1700 Germany ZEW Economic Sentiment (Sep)
• 1700 Europe ZEW Economic Sentiment (Sep)
• 1700 Europe Industrial Production (MoM) (Aug)
• 2030 US Core Retail Sales (MoM) (Aug)
• 2030 US Retail Sales (MoM) (Aug)
• 2030 Canada Core CPI (MoM) (Aug)
• 2030 Canada CPI (MoM) (Aug)
• 2115 US Industrial Production (MoM) (Aug)

17 Sep, Wed

• 1400 UK CPI (YoY) (Aug)
• 1700 Europe CPI (YoY) (Aug)
• 2030 US Building Permits (Aug)  
• 2030 US Housing Starts (MoM) (Aug)
• 2145 Canada BoC Rate Statement  
• 2145 Canada BoC Interest Rate Decision
• 2230 US Crude Oil Inventories

18 Sep, Thu

• 0200 US Fed Interest Rate Decision
• 0230 US FOMC Press Conference
• 0930 Australia Employment Change (Aug)
• 0930 Australia Unemployment Rate (Aug)
• 1900 UK BoE Interest Rate Decision (Sep)
• 2030 US Initial Jobless Claims
• 2030 US Philadelphia Fed Manufacturing Index (Sep)

19 Sep, Fri

• 0730 Japan National Core CPI (YoY) (Aug)
• 0730 Japan National CPI (YoY) (Aug)
• 1100 Japan BoJ Interest Rate Decision
• 1400 UK Core Retail Sales (YoY) (Aug)
• 1400 UK Retail Sales (YoY) (Aug)
• 2030 Canada Core Retail Sales (MoM) (Jul)
• 2030 Canada Retail Sales (MoM) (Jul)