Instruments that show buying interest from Dealer/Intermediary (sell-side participants)
- Dow (increased for 2nd week)
- Nasdaq (increased for 2nd week)
- S&P (decreased for 1st week)
- Russell (increased for 2nd week), highest level since 2014
Once again US indices tested support level on Tue and rebounded and closed with small ROC. This week CFD for Dow and S&P broke all time high while cash markets yet to break. Nasdaq and Russell both closed with a Doji on Fri. Dow, S&P and Russell broke pwh. Ascending triangle formed on Dow and S&P, do monitor for potential break out or break down as Indices seem to be trying to look for direction.
Most of my hedge positions SL was triggered except for Nasdaq and Russell. Small long positions was added on 13 May (wed) when broke lhf.