Indices Performance Chart - 28 May 16

All markets closed higher this week. 

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

• S&P (decreased for 1st week)
• Nasdaq (1) (decreased for 1st week)
• Russell (decreased 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 closed higher more than 2% and broke lhf in weekly chart.  S&P and Nasdaq need to continue to close above TLD3 for more upside,  Russell may on  the way to test box resistance 1,213 if can break Apr high.  Starting from Wed, will have manufacturing and job data release from China, Europe and US.

Dow
Daily UT, Weekly DT
Potential resistance around TLD5, 18,189, TLU4, 18,637, TLU2, TLU5, TLU6
Potential support around 17,829, TLD4, 17,600, TLD3, 17,271, 17,083

S&P
Daily UT, Weekly Neutral
Potential resistance around  2,102, 2,116, TLU4, 2,129, 2,137, TLU5
Potential support around TLD3, 2,081, TLD5, 2,061, 2,045, 2,028

Nasdaq
Daily UT, Weekly Neutral
Potential resistance around 4,537, 4,640, 4,682, TLU1, 4,772
Potential support around TLD3, 4,347, TLD5, TLU2, 4,271, 4,193

Russell
Daily UT, Weekly DT
Potential resistance around TLU2, 1,164, 1,185, 1,213
Potential support around 1,137, 1,114, TLD4, TLD6, 1,082, 1,049