Sunday, July 5, 2015

Indices Performance Chart - 04 Jul 15

Most Europe markets are taking a breather this week.  Asia markets closed mixed  while US had little movement.  Most markets gaped down on Mon after Greece failed to pay IMF.  The rest of the trading days are inside day bar of Mon => indecisive.

COT will be available on Tue, July 7, 2015 (SG Time) because of the Federal Holiday celebrated on July 3, 2015 (US TIme). COT information will be available on the blog either on Wed or Thu morning

US Indices open gaped down and closed with a doji (except for Russell) in weekly chart, this show the markets are indecisive which direction while waiting for Greece outcome.  Dow and S&P tested May low and closed above it.

I will be watching US corporate earning reporting trade small till there is clearer signal (for eg break pwh or pwl)


DOW
Daily DT, Weekly UT
Potential resistance around 17,839, 17,971 and 18,074
Potential support around 17,704, 17,574, 17,356 and 17,149

S&P 

Daily DT, Weekly UT
Potential resistance around 2,080, 2,100 and 21,31
Potential support around 2,062, 2,038, 2,020 and 2,008

Nasdaq

Daily DT, Weekly UT
Potential resistance around 4,430, 4,512 and 4,537
Potential support around 4,376, 4,332 and 4,271 


Russell
Daily DT, Weekly UT
Potential resistance around 1,261, 1,278 and 1,296
Potential support around 1,240, 1,233 and 1,213

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