Indices Performance Chart - 30 Jan 16

Most markets closed higher for the week on Fri BOJ (Bank of Japan)  introduced negative interest rates

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

• None

Neutral

• None

DT

• DOW (1) (increased for few weeks)
• S&P (decreased for 1st week)
• Nasdaq (increased for few weeks)
• Russell (1) (decreased for 1st week)

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 continue to go higher creating new weekly diff and broke pwh
Mon, Wed and Fri US will release important data.  These data may provide momentum for US to go higher with positive data.

Dow
Daily DT, Weekly DT
Potential resistance around 16,503, 16,745, 17,083, 17,271, TLD1, TLD2
Potential support around  16,246, 15581, TLU3, 15,376

S&P
Daily DT, Weekly DT
Potential resistance around  1,973, TLD2, 1,996, 2,028, 2,045
Potential support around 1,930,  TLD1, 1,886, TLU2, 1,820

Nasdaq
Daily DT, Weekly Neutral
Potential resistance around 4,347, TLU6, TLU1, 4,537, TLD2, 4,640
Potential support around  4,271,  4,193, TLU2, TLD1, 4,089

Russell
Daily DT, Weekly DT
Potential resistance around 1,049, 1,082, TLD1,  1,114, TLD3, TLU2
Potential support around TLD2, 1,009, 951, 899