Sunday, October 4, 2015

Indices Performance Chart - 03 Oct 15

Most markets recovered up to 4% higher after 4% lower last week.
Instruments that show buying interest from Dealer/Intermediary (sell-side participants)
UT

  • None
Neutral
  • None
DT
  • Dow (decreased for 2nd week)
  • S&P (1) (decreased for 2nd week)
  • Nasdaq (increased for 1st week)
  • Russell (1) (increased for 1st week)

Note
(1) COT Index >= 90
(2) COT Index <= 10
(3) COT Index >= 70, rising COT Index, monitor for trend reversal from DT to UT  




US markets broke pdh on Tue and a new diff is formed on Wed.  Fri closed with an outside day and near to day high, short term positive momentum will continue.  Next week will be data light.

Dow
DT
Potential resistance around 16,503,17,083, 17,271 and 17,500
Potential support around 16,246, 15,851, 15,376 and 14,812

S&P
Daily DT, Weekly Neutral
Potential resistance around 1,973, 1,996, 2,028 and 2,045
Potential support around 1,930, 1,886, 1,820 and 1,737

Nasdaq
Daily DT, Weekly UT
Potential resistance around 4,271, 4,347, 4,537 and 4,640
Potential support around 4,193, 4,089, 3,956 and 3,755

Russell
Daily DT, Weekly UT
Potential resistance around 1,137, 1,164, 1,185 and 1,213
Potential support around  1,114, 1,082 and 1,049

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