Saturday, November 15, 2014

Indices Performance Chart - 15 Nov 14

Markets remained mixed this week.  Based on COT, US indices continue to show weakness, may pull back this coming week or early next week.  

Larry Williams finding typically US markets tend to trade higher (not always) before festival season.  Looking forward to Black Fri on 28 Nov and Cyber Mon on 01 Dec.

Instruments that show buying interest from Dealer/Intermediary (sell-side participants)

Up Trend

  • Dow (decreased, this is 3rd week)
  • Nasdaq (decreased for 3rd week)
  • S&P (decreased for 3rd week)

Neutral

  • Russell (few weeks)

US Indices continue to trade slightly higher this week (except for Russell).  Still holding on to long positions.




Watch out Dow as it had touch the inner channel resistance

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