Sunday, August 10, 2014

COT Index (US Indices - 05 Aug 2014)

COT Index continue to build up gradually for Russell and S&P while Nasdaq edge slightly higher while COT Index for DOW spike up closed to year high.  Currently looking for short term trading and may take partial/full profit.

Russell’s turn to breakout?

Russell formed ascending triangle in daily chart, potential of breakout and closed above Diff RL for last 3 days.

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