Sunday, November 22, 2015

Indices Performance Chart - 21 Nov 15

Markets recovered after last week pull back.  Australia is the best performer, closed near to 5% higher.

Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT

  • S&P (increased for 3rd week)
  • Russell (increased for 1st week)
Neutral
  • None
DT
  • None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme

(3)
COT Index >= 70, rising COT Index, monitor for trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average  


US Markets broke lhf on Tue (except for S&P broke lhf on Mon) and overcame few resistance levels.


Dow
Daily UT, Weekly Neutral
New diff is formed on Tue
Potential resistance around TLU5, 18,189, TLU6, 18,367
Potential support around 17,829, TLD1, 17,600, TLU4, 17,271

S&P
Daily UT, Weekly Neutral
New diff is formed on Tue
Potential resistance around  TLU1, 2,102, 2,116, TLD3, 2,129, 2,137
Potential support around  TLU3, 2,061, 2,045, 2,028, TLD2

Nasdaq
Daily UT, Weekly UT
New diff is formed on Tue
Potential resistance around 4,722, TLU7, TLU3
Potential support around 4,682, 4,640, TLU5, TLU4, 4,537

Russell
Daily UT, Weekly Neutral
New diff is formed on Tue
Potential resistance around TLD1, 1,185, TLU1, 1,213, 1,240

Potential support around 1,164, 1,137, TLD2, 1,114, TLU2, 1,082

No comments:

Post a Comment