Instruments that show buying interest from Dealer/Intermediary (sell-side participants)
- Dow (decreased for few weeks)
- Nasdaq (increased for 3rd week)
- S&P (decreased for 2nd week)
- Russell (decreased for 1st week)
Dow was down and touches the inner band support as well as previously resistance level. Possibility of technical rebound or go lower to test the outer band support. Most likely S&P and Nasdaq will go lower to test support (previous resistance) before rebounding.