Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT
- S&P (decreased for few weeks)
- Russell (increased for 1st week)
- None
- 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
New Diff formed and broke lhf on Tue. Tested resistance and closed with outside day on Thur. Sold down and closed the week with -roc.
Dow
Daily UT, Weekly Neutral
Potential resistance around 17,271, TLU8, 17,600, TLD1, TLU4, TLU7, 17,829
Potential support around 17,083, 16,745, 16,503, 16,246
S&P
Daily UT, Weekly Neutral
Potential resistance around 2,028, 2,045, 2,061, TLU3, 2,102
Potential support around TLU4, TLD2, 1,996, 1,973, 1,930, TLD1
Nasdaq
Daily UT, Weekly UT
Potential resistance around 4,537, TLU4, 4,640, 4,682, TLU5, TLU8
Potential support around TLU1, TLU6, 4,347, 4,271, 4,193, TLD1
Russell
Daily Neutral, Weekly Neutral
Potential resistance around TLD1, 1,137, 1,164, TLU4, 1,185
Potential support around 1,114, TLU2, 1,082, TLD2, 1,049
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