Indices Performance Chart - 23 May 15

Europe and Asia closed higher this week while US closed with little change.    China A50 is the best performer, up more than 6%.

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

• Dow (decreased for 1st week)
• Nasdaq (decreased for 1st week)
• S&P (decreased for 2nd week)
• Russell (increased for 3rd week)

Dow and S&P continue to make new high this week.  Dow look weak in the weekly chart forming shooting star.  In daily chart, Nasdaq and Russell tested resistance and pull back.  I will continue to add small hedge positions if break hlf or pwl

Dow potential support around 18,222, 18,169 and 18,074
S&P potential support around 2,117, 2,100 and 2,089
Nasdaq potential support around 4,487, 4,460 and 4,430
Russell potential support around 1,251, 1,248, 1,243 and 1,240