Sunday, December 13, 2015

Indices Performance Chart - 12 Dec 15

Markets across the board closed lower between 2 to 6%

Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT

  • S&P (decreased for 3rd week)
  • Russell (decreased for 3rd week)
Neutral
  • None
DT
  • None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average 


After failed to go higher for 2 weeks, US markets sell down between 2-4%
US made a false break lhf on Mon and broke hlf on Tue

Dow
Daily UT, Weekly Neutral
Potential resistance around 17,271, 17,600, TLD1, TLU4, 17,829
Potential support around TLU8, 17,083, 16,503, 16,246

S&P
Daily UT, Weekly Neutral
Potential resistance around 2,028, 2,045, 2,061, TLU3, 2,102
Potential support around  TLD2, 1,996, TLU4, 1,973, 1,930, TLD1

Nasdaq
Daily UT, Weekly UT
Potential resistance around 4,537, TLU4, 4,640, 4,682, TLU8, TLU5
Potential support around TLU1, 4,347, TLU6, 4,271, 4,193, TLD1

Russell
Daily UT, Weekly Neutral
Potential resistance around  1,137, TLD1, 1,164, TLU4, 1,185
Potential support around 1,114, TLU2, 1,082, TLD2, 1,049

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