Sunday, December 20, 2015

Indices Performance Chart - 19 Dec 15

Asia and Europe closed the week higher while US edge slightly lower

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

  • S&P (decreased for few weeks)
  • 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 


New Diff formed and broke lhf on Tue.  Tested resistance and closed with outside day on Thur.  Sold down and closed the week with -roc. 

Dow
Daily UT, Weekly Neutral
Potential resistance around 17,271, TLU8, 17,600, TLD1, TLU4, TLU7,  17,829
Potential support around  17,083, 16,745, 16,503, 16,246

S&P
Daily UT, Weekly Neutral
Potential resistance around 2,028, 2,045, 2,061, TLU3, 2,102
Potential support around  TLU4, TLD2, 1,996, 1,973, 1,930, TLD1

Nasdaq
Daily UT, Weekly UT
Potential resistance around 4,537, TLU4, 4,640, 4,682, TLU5, TLU8
Potential support around TLU1, TLU6, 4,347, 4,271, 4,193, TLD1

Russell
Daily Neutral, Weekly Neutral
Potential resistance around  TLD1, 1,137, 1,164, TLU4, 1,185
Potential support around 1,114, TLU2, 1,082, TLD2, 1,049

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