Indices Performance Chart - 20 Feb 16

Markets rebounded after few weeks of selling.

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

• None

Neutral

• None

DT

• DOW (1) (increased for 1st week)
• S&P (decreased for 3rd week)
• Nasdaq (1) (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 rebounded, broke lhf in weekly chart and broke short term trend resistance.  New weekly diff is formed.  If can break and close above Jan high for 2-3 weeks, the worst may be over for now.

Dow

Daily DT, Weekly DT

Potential resistance around  16,503, 16,745, 17,083, 17,271

Potential support around 16,246, TLD3, 15,851, TLU3, TLU10, 15,376, 14,812

S&P

Daily DT, Weekly DT

Potential resistance around TLU2, 1,930, TLD2, 1,973, 1,996, 2,028

Potential support around 1,886, TLD5, TLD1, 1,820, TLU3, 1,737

Nasdaq

Daily DT, Weekly DT

Potential resistance around TLU2, 4,193, 4,271, 4,347, TLD2, 4,537

Potential support around 4,089, TLD3, 3,956, TLD1, 3,755, TLU7

Russell

Daily DT, Weekly DT

Potential resistance around 1,049, 1,082, TLD1, TLD3, 1,114(1)

Potential support around 1,009, TLD2, TLU4, TLD4, 951, 899