Sunday, February 1, 2015

Indices Performance Chart - 31 Jan 15

Most markets closed lower between 1 to 3% this week except for China A50 down by 6% while Switzerland, Sweden and Australia closed higher up to 1%.  


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

Up Trend

  • Russell (decreased for 1st week)
Neutral
  • Nasdaq (increased for 3rd week)
  • S&P (decreased for 1st week)
Down Trend
  • Dow (increased for 3rd week)

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




My added position for this week was cut.  It seem that US indices going to test 2nd support,  Russell seem to be resilience. I will still consider to add new position as long there is a signal for me to long but size is small while continue to hold small short position to hedge some of my previous long positions.

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