Resistance at 101.5, TLD6, TLU6, Trend Channel (Blue)
Support at Trend Channel (Blue), 100.3, TLD5, 99.8, 98.3, TLU7, TLU9, 97.3
USD Impact currencies/Gold/Crude(wow)
Weekly chart with 50 SMA
Sunday, March 12, 2017
Dollar Index pull back
Despite better than expected job data, Dollar Index pull back broke hlf in the daily chart. In the weekly chart, an inside day is formed. Watch out for Thu 0200 (SGT), US interest rate decision.
Resistance at 101.5, TLD6, TLU6, Trend Channel (Blue)
Support at Trend Channel (Blue), 100.3, TLD5, 99.8, 98.3, TLU7, TLU9, 97.3
USD Impact currencies/Gold/Crude(wow)
Weekly chart with 50 SMA
Resistance at 101.5, TLD6, TLU6, Trend Channel (Blue)
Support at Trend Channel (Blue), 100.3, TLD5, 99.8, 98.3, TLU7, TLU9, 97.3
USD Impact currencies/Gold/Crude(wow)
Weekly chart with 50 SMA
Commodities Update - 11 Mar 17
BDI moved higher to 1086 (10 Mar) from 939 (03 Mar)
Harpex also moved higher to 351.84 (04 Mar) from 343.52 (25 Feb)
Summary
Most commodities closed lower
COT
Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend
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
Harpex also moved higher to 351.84 (04 Mar) from 343.52 (25 Feb)
Summary
Most commodities closed lower
COT
Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
- Cocoa (1)
- Soybean Oil
- None
- None
Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend
- Soybean Meal
- Lumber
- Cotton
- Silver
- Crude
- 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
Indices Performance Chart - 11 Mar 17
ADP Nonfarm Employment Change and Nonfarm Payrolls data were better than expected. Europe closed higher while Asia and US closed mixed. Dollar index pulls back and broke hlf. BDI and Harpex continue to improve.
16 Mar, Thu will be full of important data. Starting from 0200 Hrs (SGT), US interest rate. follow by in the afternoon BoJ Press Conference and Swiss (CHF) Interest rate. UK (GBP) interest rate in the evening.
Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
Instruments that show selling interest at extreme (2) by Dealer/Intermediary (sell-side participants)
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 closed mixed. Dow and Nasdaq closed with an inside day in the weekly chart while S&P and Russell broke hlf on the weekly chart. Russell back to the previous consolidating range.
Dow
S&P
Daily UT, Weekly UT
Potential resistance around TLU1,2,522
Potential support around TLU5, 2,285, 2,187, TLU4, 2,161, 2,137, 2,129, 2,116
Nasdaq
Daily UT, Weekly UT
Potential resistance around TLU5, 5,538, TLU3
Potential support around TLU4, TLU7, TLU1, 5,041, 4,960, 4,896, 4,816
Russell
Daily UT, Weekly UT
Potential resistance around TLU1, TLU3, TLU5, 1,519
Potential support around 1,389, 1,341, 1,296, 1,287, 1,274, 1,259(4), 1,240, TLU2, 1,213
Key event to watch out (SG Time)
13 Mar, Mon
16 Mar, Thu will be full of important data. Starting from 0200 Hrs (SGT), US interest rate. follow by in the afternoon BoJ Press Conference and Swiss (CHF) Interest rate. UK (GBP) interest rate in the evening.
Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT
- Nasdaq
Neutral
- None
DT
- None
Instruments that show selling interest at extreme (2) by Dealer/Intermediary (sell-side participants)
UT
- Dow
Neutral
- None
DT
- None
(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 closed mixed. Dow and Nasdaq closed with an inside day in the weekly chart while S&P and Russell broke hlf on the weekly chart. Russell back to the previous consolidating range.
Daily UT, Weekly UT
Potential resistance around TLU6, 21,451
Potential support around TLU5, TLU2, 19,968, TLU11, 19,440, TLU4, 18,669, 18,557, 18,367
Potential resistance around TLU6, 21,451
Potential support around TLU5, TLU2, 19,968, TLU11, 19,440, TLU4, 18,669, 18,557, 18,367
S&P
Daily UT, Weekly UT
Potential resistance around TLU1,2,522
Potential support around TLU5, 2,285, 2,187, TLU4, 2,161, 2,137, 2,129, 2,116
Nasdaq
Daily UT, Weekly UT
Potential resistance around TLU5, 5,538, TLU3
Potential support around TLU4, TLU7, TLU1, 5,041, 4,960, 4,896, 4,816
Russell
Daily UT, Weekly UT
Potential resistance around TLU1, TLU3, TLU5, 1,519
Potential support around 1,389, 1,341, 1,296, 1,287, 1,274, 1,259(4), 1,240, TLU2, 1,213
Key event to watch out (SG Time)
13 Mar, Mon
- 2130 EUR ECB President Draghi Speaks
- 1000 CNY Industrial Production (YoY) (Jan)
- 1800 EUR German ZEW Economic Sentiment (Mar)
- 2030 USD PPI (MoM) (Feb)
- 1730 GBP Average Earnings Index +Bonus (Jan)
- 1730 GBP Claimant Count Change (Feb)
- 2030 USD Core CPI (MoM) (Feb)
- 2030 USD Core Retail Sales (MoM) (Feb)
- 2030 USD Retail Sales (MoM) (Feb)
- 2230 USD Crude Oil Inventories
- 0200 USD FOMC Economic Projections
- 0200 USD FOMC Statement
- 0200 USD Fed Interest Rate Decision
- 0230 USD Fed Chair Yellen Speaks
- 0545 NZD GDP (QoQ) (Q4)
- 0830 AUD Employment Change (Feb)
- 1000 JPY BoJ Monetary Policy Statement (YoY)
- 1430 JPY BoJ Press Conference
- 1630 CHF SNB Interest Rate Decision
- 1630 CHF SNB Monetary Policy Assessment
- 1800 EUR CPI (YoY) (Feb)
- 2000 GBP BoE Interest Rate Decision (Mar)
- 2030 USD Building Permits (Feb)
- 2030 USD Philadelphia Fed Manufacturing Index (Mar)
- 2200 USD JOLTs Job Openings (Jan)
- No imporant data
Sunday, March 5, 2017
Dollar Index broke lhf and resistance
Dollar Index broke lhf (in the weekly chart) and closed above 101.5 and TLD5 resistance.
Resistance at TLD5, 101.5, TLU6, Trend Channel (Blue)
Support at 100.3, Trend Channel (Blue), 99.8, 98.3, TLU7, TLU9, 97.3
USD Impact currencies/Gold/Crude(wow)
Weekly chart with 50 SMA
Resistance at TLD5, 101.5, TLU6, Trend Channel (Blue)
Support at 100.3, Trend Channel (Blue), 99.8, 98.3, TLU7, TLU9, 97.3
USD Impact currencies/Gold/Crude(wow)
Weekly chart with 50 SMA
Commodities Update - 04 Mar 17
BDI continue to close higher from 875 (24 Feb) to 939 (03 Mar)
Harpex moving up higher from 330.40 (18 Feb) to 343.52 (25 Feb)
Summary
Energy and metals closed lower while most soft commodiites closed higher.
COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend
(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
Harpex moving up higher from 330.40 (18 Feb) to 343.52 (25 Feb)
Summary
Energy and metals closed lower while most soft commodiites closed higher.
COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
- Cocoa (1)
- Soybean Oil
- Rough Rice
- None
- None
Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend
- Soybean Meal
- Lumber
- Cotton
- Silver
- Crude
- None
(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
Indices Performance Chart - 04 Mar 17
Most Asia closed lower while Europe and US closed higher. US markets continue to close higher except for Russell.
Speech by Fed Yellen on 4 Mar, 0200 (SGT) said ‘likely’ rate hike at mid of Mar and hinted more rate hike than planned for this year.
BDI and Harpex move higher. Dollar Index broke lhf and resistance.
ECB Press Conference on Thu. US NFP and unemployment Rate on Fri.
Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
Instruments that show selling interest at extreme (2) by Dealer/Intermediary (sell-side participants)
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 continue to closes higher except for Russell.
Russell hovering around previous range bound resistance level.
Dow
S&P
Daily UT, Weekly UT
Potential resistance around TLU1,2,522
Potential support around TLU5, 2,285, 2,187, TLU4, 2,161, 2,137, 2,129, 2,116
Nasdaq
Daily UT, Weekly UT
Potential resistance around TLU5, 5,538, TLU3
Potential support around TLU4, TLU7, TLU1, 5,041, 4,960, 4,896, 4,816
Russell
Daily UT, Weekly UT
Potential resistance around TLU3, TLU5, 1,519
Potential support around TLU1, 1,389,1,341, 1,296, 1,287, 1,274, 1,259(4), 1,240, TLU2, 1,213
Key event to watch out (SG Time)
06 Mar, Mon
Speech by Fed Yellen on 4 Mar, 0200 (SGT) said ‘likely’ rate hike at mid of Mar and hinted more rate hike than planned for this year.
BDI and Harpex move higher. Dollar Index broke lhf and resistance.
ECB Press Conference on Thu. US NFP and unemployment Rate on Fri.
UT
- Nasdaq
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
US markets continue to closes higher except for Russell.
Russell hovering around previous range bound resistance level.
Daily UT, Weekly UT
Potential resistance around TLU6, 21,451
Potential support around TLU5, TLU2, 19,968, TLU11, 19,440, TLU4, 18,669, 18,557, 18,367
Potential resistance around TLU6, 21,451
Potential support around TLU5, TLU2, 19,968, TLU11, 19,440, TLU4, 18,669, 18,557, 18,367
S&P
Daily UT, Weekly UT
Potential resistance around TLU1,2,522
Potential support around TLU5, 2,285, 2,187, TLU4, 2,161, 2,137, 2,129, 2,116
Nasdaq
Daily UT, Weekly UT
Potential resistance around TLU5, 5,538, TLU3
Potential support around TLU4, TLU7, TLU1, 5,041, 4,960, 4,896, 4,816
Russell
Daily UT, Weekly UT
Potential resistance around TLU3, TLU5, 1,519
Potential support around TLU1, 1,389,1,341, 1,296, 1,287, 1,274, 1,259(4), 1,240, TLU2, 1,213
Key event to watch out (SG Time)
06 Mar, Mon
- 0830 AUD Retail Sales (MoM) (Jan)
- 1130 AUD RBA Interest Rate Decision (Mar)
- 1130 AUD RBA Rate Statement
- 2300 CAD Ivey PMI (Feb)
- 0750 JPY GDP (QoQ) (Q4)
- 1000 CNY Trade Balance (USD) (Feb)
- 2115 USD ADP Nonfarm Employment Change (Feb)
- 2330 USD Crude Oil Inventories
- 0930 CNY CPI (YoY) (Feb)
- 2045 EUR ECB Interest Rate Decision (Mar)
- 2130 EUR ECB Press Conference
- 1730 GBP Manufacturing Production (MoM) (Jan)
- 2130 USD Nonfarm Payrolls (Feb)
- 2130 USD Unemployment Rate (Feb)
- 2130 CAD Employment Change (Feb)
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