Indices Performance Chart - 04 Dec 15

US and Asia closed mixed but Europe closed lower after Draghi failed to meet market expectation to increase more stimulus

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

• S&P (decreased for 2nd week)
• Russell (decreased for 2nd 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  
 
Dow and S&P had formed a new Diff on Fri.  All closed with inside day on Fri.  On weekly chart, all formed an outside day.  Doji on Dow and S&P.

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 Neutral
Potential resistance around  TLU1, 2,102, 2,116, TLD3, 2,129, 2,137
Potential support around  TLU3, 2,061, 2,045, 2,028, TLD2

Nasdaq
Daily UT, Weekly UT
Potential resistance around 4,722, TLU7, TLU3
Potential support around TLU5, 4,682, 4,640, TLU8, TLU4, 4,537

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