US Markets 27 Sep 25

The US market broke the previous week's high and reversed, closing lower, except for the Dow, which closed higher.

While BDI and CDFI closed higher, Harpex reversed to close higher, and CCFI closed lower.

The dollar index closed higher while consolidating.

Watch out for

• China has a short trading week
• Manufacturing and Services PMI from multiple countries
• US NFP and unemployment rate

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 48,273

Potential support around 46,144, 44,014, 41,884, 39,754

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 25,043

Potential support around 24,321, 23,598, 22,876,22,154

Russell
Daily UT, Weekly UT
Potential resistance around 2,561, 2,691

Potential support around  2,430, 2,300, 2,170, 2,040

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

29 Sep, Mon 

• No important data

30 Sep, Tue

• 0750 Japan Industrial Production (MoM) (Aug) 
• 0930 China Manufacturing PMI (Sep)
• 0930 China Non-Manufacturing PMI (Sep)
• 0945 China Caixin Manufacturing PMI (MoM) (Sep)
• 0945 China Caixin Services PMI (Sep)
• 1230 Australia RBA Interest Rate Decision (Sep)
• 1400 UK GDP (QoQ) (Q2)
• 2000 Germany CPI (MoM) (Sep)
• 2145 US Chicago PMI (Sep)
• 2200 US CB Consumer Confidence (Sep)
• 2200 US JOLTS Job Openings (Aug)

01 Oct, Wed

• China and Hong Kong on holiday
• 0750 Japan Tankan Big Manufacturing Outlook Index (Q3)
• 0750 Japan Tankan Large Manufacturers Index (Q3)
• 1400 UK Nationwide HPI (YoY) (Sep)
• 1555 Germany HCOB Manufacturing PMI (Sep)
• 1600 Europe HCOB Manufacturing PMI (Sep)
• 1630 UK S&P Global Manufacturing PMI (Sep)
• 1700 Europe Core CPI (YoY) (Sep)  
• 1700 Europe CPI (YoY) (Sep)  
• 2015 US ADP Nonfarm Employment Change (Sep)
• 2145 US S&P Global Manufacturing PMI (Sep)
• 2200 US ISM Manufacturing PMI (Sep)
• 2230 US Crude Oil Inventories

02 Oct, Thu

• China on holiday
• 2030 US Initial Jobless Claims

03 Oct, Fri

• China on holiday
• 1555 Germany HCOB Services PMI (Sep)
• 1600 Europe HCOB Services PMI (Sep)
• 1630 UK S&P Global Services PMI (Sep)
• 2030 US Nonfarm Payrolls (Sep)
• 2030 US Unemployment Rate (Sep)
• 2130 Canada S&P Global Services PMI (Sep)
• 2145 US S&P Global Services PMI (Sep)
• 2200 US ISM Non-Manufacturing PMI (Sep)