Indices Performance Chart - 07 Nov 15

Most markets closed higher this week.  China A50 is the best performer this week, closed higher by 8%

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

• Dow (sharp decreased for 1st week)
• Nasdaq (decreased for few weeks)

Neutral

• S&P (increased for 1st week)
• Russell (decreased for few weeks)

DT

• None

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

After creating new recent high on Tue, markets drift lower on closing except for Russell broke lhf and create new recent high.  I will be caution especially COT is lowering, I will hedge or trade short term instead of turning to bearish, fundamental is improving.

Dow
Daily UT, Weekly Neutral
Potential resistance around TLU5, 18,189, TLU6, 18,367
Potential support around 17,829, TLD1, 17,600, TLU4, 17,271

S&P
Daily UT, Weekly UT
Potential resistance around 2,102, 2,116, 2,129, 2,137
Potential support around TLU1, TLU3, 2,061, 2,045, TLD2, 2,028

Nasdaq
Daily UT, Weekly UT
Potential resistance around 4,722, TLU3
Potential support around 4,682, TLU5, 4,640, TLU4, 4,537

Russell
Daily UT, Weekly Neutral
Potential resistance around TLU1, 1,213, 1,240, 1,274
Potential support around 1,185, TLD1, 1,164, 1,137