Sunday, October 12, 2014

Indices Performance Chart - 11 Oct 14

Markets continue to pull back sharply this week.  US pull back near to 4%, Europe pull back between 3-6% while Asia pull back up to 5%.  I will continue adopt short term trading for Oct. 

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

  •  Nasdaq (1st week)


  •  S&P (3nd weeks)
  •  Dow (1st week)

Down Trend

  •  Russell (few weeks)
Down Trend and Up Trend is based on 50 Simple Moving Average  

I will consider to long small on US indices as approaching channel support trend if there is a long signal.  Russell continue to be the weakest among US indices.

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