Instruments that show buying interest from Dealer/Intermediary (sell-side participants)
- Nasdaq (decreased for 1st week), sharp decreased
- S&P (increased for 1st week), Sharp increased, highest since Dec 2011
- Russell (decreased for few weeks)
- 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.