Sunday, January 18, 2015

Indices Performance Chart - 17 Jan 15

US markets are trading lower this week while Europe are trading higher.  China (Shanghai Composite) and India closed higher this week.

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


  • Dow (increased for 1st week)
  • Nasdaq (increased for 1st week)
  • S&P (increased for 1st week)
  • Russell (increased for 2nd week, little changes for weeks)

(1) COT Index > 90
Down Trend and Up Trend is based on 50 Simple Moving Average

US indices had tested Dec 2014 low this week this is the first support.  High possibility of US indices may break pdh in lhf next week (daily chart).  My strategy is I will go small if break, this will be the 1ET and there is a possibility may be a technical rebound to test 2nd support.

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