Sunday, October 11, 2015

Indices Performance Chart - 10 Oct 15

Most markets continue to close higher.  Japan is the best performer for this week, higher by 5%.

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

  • None
Neutral
  • None
DT
  • Dow (1) (increased for 1st week)
  • S&P (1) (increased for 1st week)
  • Nasdaq (increased for 2nd week)
  • Russell (1) (increased for 2nd 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 pwh, Fri closed with small candle show some weakness  after running higher for 2 weeks

Dow
DT
Potential resistance around 17,083, 17,271, 17,400 and 17,600
Potential support around 16,503, 16,246, 15,851 and 15,376

S&P
Daily DT, Weekly Neutral
Potential resistance around 2,028, 2,045, 2,061 and 2,102
Potential support around 1,996, 1,973, 1,930 and 1,886

Nasdaq
Daily DT, Weekly UT
Potential resistance around 4,500, 4,537 and 4,640
Potential support around 4,347, 4,271, 4,193 and 4,089


Russell
Daily DT, Weekly UT
Potential resistance around 1,164, 1,185, 1,213 and 1,240
Potential support around  1,137, 1,114, 1,082 and 1,049


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