Indices Performance Chart - 11 Jun 16

Most markets closed lower this week.  

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

• S&P (increased for 2nd 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

US markets closed mixed for the week.  DOW, S&P and Russell closed with small roc where Nasdaq closed with outside day in weekly chart.  16 Jun, Thur have stream of important events.  Some of the major one are FOMC Statement at 0200 (SGT) and Fed Chair Yellen Speaks at 0230 (SGT).

Dow
Daily UT, Weekly DT
Potential resistance around TLD5, 18,189, 18,637, TLU4, TLU2, TLU5, TLU6
Potential support around 17,829, 17,600, TLD4, TLD3, 17,271, 17,083

S&P
Daily UT, Weekly Neutral
Potential resistance around 2,116, TLU4, 2,129, 2,137, TLU5
Potential support around 2,102, TLD3, 2,081, 2,061, 2,045, TLD5, 2,028

Nasdaq
Daily UT, Weekly Neutral
Potential resistance around TLD3, 4,537, 4,640, 4,682, 4,772, TLU1
Potential support around 4,347, TLU2,  4,271, 4,193, TLD5

Russell
Daily UT, Weekly DT
Potential resistance around 1,185, 1,213, 1,240, 1,274
Potential support around TLU2, 1,164, 1,137, 1,114, TLD4, TLD6, 1,082