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 2nd week)
- Russell (increased for 1st week)
US Indices tested the support level and rebound strongly on Fri breaking lhf and closed around the resistance level. If next week, DOW and S&P can break recent high and closed above will be a rather positive sign. Nasdaq and Russell need to break pwh to continue the UT momentum.
Added new hedge positions on 5 May (Tue) when broke pdl, SL was triggered on Fri for the newly added hedge positions. Add long positions on 8 May (Fri) when break lhf