US Markets 21 Feb 26

The US market closed higher while consolidating.

While BDI closed lower, Harpex closed higher, and CDFI and CCFI remained unchanged due to China's long holiday.

The dollar index broke the previous week's high and closed higher.

Watch out for

• Speech by US President Trump
• The daylight saving time starts on 08 Mar 2026

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 50,403

Potential support around 48,273, 46,144, 44,014

S&P
Daily Neutral, Weekly UT

Potential resistance around 6,987, 7,222

Potential support around 6,751, 6,516, 6,280, 6,045

Nasdaq
Daily DT, Weekly UT

Potential resistance around 25,043, 25,766, 26,488

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

Russell
Daily UT, Weekly UT
Potential resistance around 2,691, 2,821

Potential support around 2,561, 2,430, 2,300

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

23 Feb, Mon

• China and Japan are on holiday
• 1700 Germany Ifo Business Climate Index (Feb)

24 Feb, Tue

• 2300 US CB Consumer Confidence (Feb)

25 Feb, Wed

• 0830 Australia CPI (QoQ) (Jan)
• 0830 Australia CPI (YoY) (Jan)
• 1000 US President Trump Speaks
• 1800 Europe CPI (YoY) (Jan)
• 2330 US Crude Oil Inventories

26 Feb, Thu

• 2130 US Initial Jobless Claims

27 Feb, Fri

• 2100 Germany CPI (MoM) (Feb)
• 2130 US PPI (MoM) (Jan)
• 2130 Canada GDP (QoQ) (Q4)
• 2245 US Chicago PMI (Feb)