Instruments that show buying interest from Dealer/Intermediary (sell-side participants)
- Dow (decreased for 1st week)
- Nasdaq (increased for few weeks)
- S&P (increased for 1st week)
- Russell (increased for 1st week)
(1) COT Index > 90
Down Trend and Up Trend is based on 50 Simple Moving Average
US markets closed higher between 2-4% this week.
In daily charts, Dow, S&P and Russell broke and closed above resistance trend line. Dow, S&P and Russell also hit another resistance zone. Volatility may still continue.I have added some positions for US Indices.