US Markets 04 Octl 25

The US market closed at a historic high.

BDI slumped from 2,259 (26 Sep) to 1,901 (03 Oct)

Harpex reversed to close lower from 2,212 (26 Sep) to 2,203 (03 Oct)

CDFI reversed to close lower from 1,188.97 (26 Sep) to 1,161.08 (30 Sep)

CCFI remained closed at 1,087.41 (26 Sep) due to China's long holiday

The dollar index closed lower while consolidating.

Watch out for

• China has a short trading week
• FOMC Meeting Minutes
• Speech by Fed Chair Powell

There will be no update on COT due to the shutdown of the US government.

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)

06 Oct, Mon

• China on holiday
• No important data

07 Oct, Tue

• China and Hong Kong on holiday
• 2200 Canada Ivey PMI (Sep)

08 Oct, Wed

• China on holiday
• 0900 New Zealand RBNZ Interest Rate Decision
• 2230 US Crude Oil Inventories

09 Oct, Thu

• 0300 US FOMC Meeting Minutes  
• 2030 US Fed Chair Powell Speaks 
• 2030 US Initial Jobless Claims

10 Oct, Fri

• 0100 US 30-Year Bond Auction
• 2030 Canada Unemployment Rate (Sep)
• 2200 US Michigan Consumer Sentiment (Oct)