Indices Performance Chart - 11 Oct 14

Markets continue to pull back sharply this week.  US pull back near to 4%, Europe pull back between 3-6% while Asia pull back up to 5%.  I will continue adopt short term trading for Oct. 

Instruments that show buying interest from Dealer/Intermediary (sell-side participants)
Up Trend

•  Nasdaq (1st week)

Neutral

•  S&P (3nd weeks)
•  Dow (1st week)

Down Trend

•  Russell (few weeks)

Down Trend and Up Trend is based on 50 Simple Moving Average  

 

I will consider to long small on US indices as approaching channel support trend if there is a long signal.  Russell continue to be the weakest among US indices.