Sunday, June 28, 2015

Indices Performance Chart - 27 Jun 15

Most Europe markets continue to close higher while US and Asia closed lower, China A50 was down around 7% this week.  China A50 (CFD) was down by 24% from the recent peak at 26 May 15.

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

  • Nasdaq (decreased for 1st week), sharp decreased
  • S&P (increased for 1st week), Sharp increased, highest since Dec 2011
  • Russell (decreased for few weeks)
Neutral
  • Dow (decreased for 2nd week), sharp decreased
 

US indices broke pwh (except DOW) and closed with a -ve ROC showing weakness .  In Daily Chart, new Diff is formed and all trade below Diff.  DOW, S&P and Russell tested resistance and retraced back to some form of support. 
I have added short short hedging positions.



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