Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT
- None
- None
- DOW (1) (decreased for 1st week)
- S&P (increased for 1st week)
- Nasdaq (1) (decreased for 1st week)
- Russell (1) (increased for 1st week)
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
(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
US markets (except Nasdaq) broke recent high and closed with a -roc (except Russell). A new diff was formed. As long as don't closed below diff for more than 3 days, will see more upside.
Next week will have few important data especially on Fri, NFP (Non-Farm Payroll) and unemployment rate.
Dow
Daily DT, Weekly DT
Potential resistance around 16,745, 17,083, 17,271, TLD1, TLD2, 17,600
Potential support around 16,503, 16,246, TLD3, 15,851, TLU3, TLU10, 15,376, 14,812
S&P
Daily DT, Weekly DT
Potential resistance around 1,973, 1,996, 2,028, 2,045, 2,061
Potential support around TLD2, 1,930, TLU2, 1,886, TLD5, TLD1, 1,820
Nasdaq
Daily DT, Weekly DT
Potential resistance around 4,271, 4,347, TLD2, 4,537, TLU1, TLU6, 4,640
Potential support around TLU2, 4,193, 4,089, TLD3, 3,956
Russell
Daily DT, Weekly DT
Potential resistance around 1,049, 1,082, TLD1, TLD3, 1,114,
Potential support around 1,009, TLD2, TLU4, TLD4, 951, 899
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