🐶📊 Midday Market Update — 26 October 2026

Options Puppy’s Market Takeaway

🥇 1. Gold rebounds

Gold rebounded after falling below US$3,980. Buyers may be stepping in at lower levels, but I want to see whether the recovery can continue.

My view: Watch whether gold holds its rebound instead of chasing the price.

🛢️ 2. Oil retreats

Oil prices retreated today. Lower oil prices may ease inflationary pressures, but the impact depends on supply, demand and the wider economic outlook.

My view: Monitor oil prices, inflation expectations and interest-rate developments before making a trading decision.

🏦 3. Singapore banks: DBS and OCBC

DBS and OCBC experienced intraday declines before rebounding.

• DBS: Fell towards S$73.80 before recovering.
• OCBC: Dropped towards S$28.80 before rebounding.
• OCBC potential support: S$28.50, based on the recent low I am watching.

My view: I prefer keeping suitable bank holdings for dividends if the long-term investment thesis remains intact. If I have additional capital, I may consider trading within a range, buying near potential support and taking profits near resistance.

However, support levels are not guaranteed to hold. If prices break down, I will reassess rather than keep buying blindly.

💻 4. NVIDIA: US$210–US$214 range

NVIDIA is consolidating between approximately US$210 and US$214.

• US$210: Potential support.
• US$214: Potential resistance.
• Above US$214: Watch for a sustained breakout.
• Below US$210: Reassess the short-term outlook.

My view: I would rather wait for confirmation than chase the price. If I trade options, I will consider the premium, expiration, implied volatility and potential losses.

🐶 5. My trading plan

My approach is simple:

• 🥇 Gold: Watch whether the rebound continues.
• 🛢️ Oil: Monitor whether the retreat persists.
• 🏦 DBS and OCBC: Keep suitable long-term positions for dividends and consider range trading with spare capital.
• 💻 NVIDIA: Watch the US$210–US$214 range.
• 💰 Cash: Keep enough available for unexpected opportunities.
• 🛡️ Risk management: Never assume that a support level will hold.

Different markets, different opportunities. I do not need to trade every movement. I want to wait for setups that offer a reasonable balance between potential returns and risk.

⚠️ Disclaimer

This article is for educational and informational purposes only and reflects my personal observations based on the market levels described for midday on 26 October 2026. Prices have not been independently verified in real time and may change rapidly.

This is not financial advice or a recommendation to buy, sell or hold any security or options contract. Technical support and resistance levels are estimates, not guarantees. Investments and options trading involve risk, including the possible loss of capital. Dividends are not guaranteed. Please conduct your own research and consult a qualified financial adviser where appropriate.

— Options Puppy 🐶📈

$Amova Singapore STI ETF(G3B.SG) $iShares Gold Trust(IAU.US)