Sunday, March 22, 2015

Indices Performance Chart - 21 Mar 15

Most markets are trading higher this week  after FOMC statements.

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

  • Dow (increased for few weeks)
  • Nasdaq (increased for 2nd week)
  • S&P (decreased for 1st week)
  • Russell (decreased for 1st week)
(1) COT Index > 90
Down Trend and Up Trend is based on 50 Simple Moving Average  


Dow, S&P and Nasdaq had broke pwh (previous week high) but closed around resistance level. Russell had broke and create new high and approaching channel resistance.  STI and Hang Seng also hit around resistance level.  Need to be more caution next week.

Some of my hedge positions had triggered SL while had took some profit on earlier short.  I will hedge my positions if there is a break of HLF.

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