Indices Performance Chart - 12 Sep 15

US and Asia closed higher while Europe closed mixed

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

• None

Neutral

• None

DT

• Dow (1) (decreased for 1st week)
• S&P (1) (no change)
• Nasdaq (1) (no change)
• Russell (1) (decreased for 1st week)

Note
(1) COT Index >= 90
(2) COT Index <= 10
(3) COT Index >= 70, rising COT Index, monitor for trend reversal from DT to UT

US markets continue with consolidation and forming inside day of 23 Aug in weekly chart.  A new weekly diff is formed.  Expect volatile movement on Fri morning 2 AM (SG TIme) on US interest rate decision.
I will go small and short term trading or wait to trade after US interest rate decision 

Dow
DT
Potential resistance around 16,503,17,083, 17,271 and 17,500
Potential support around 16,246, 15,851, 15,376 and 14,812

S&P
DT
Potential resistance around 1,973, 1,996, 2,028 and 2,045
Potential support around 1,930, 1,886, 1,820 and 1,737

Nasdaq
Daily DT, Weekly UT
Potential resistance around  4,347, 4,537, 4,640 and 4,682
Potential support around 4,271, 4,193, 4,089, 3,956 and 3,755

Russell
Daily DT, Weekly Neutral
Potential resistance around 1,164, 1,185, 1,213 and 1,240
Potential support around 1,137, 1,114 and 1,082