Indices Performance Chart - 02 Apr 16

US markets closed higher, Europe closed lower while Asia is mixed.

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

• DOW (decreased for 2nd week)
• S&P (1) (increased for 2nd week)
• Nasdaq (1) (decreased for 1st week)
• Russell (1) (decreased for few weeks)

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  

US markets continue to close higher after Fed Yellen "hawiksh" speech.  New diff is formed and closed above it.  Russell looking at 1082 level for support for past few weeks. This coming week not much important data from US and soon companies will start to report earning.  These will determine whether had markets overrun or due for pull back or continue to go higher as the result is inline with investor expectation.

Dow
Daily UT, Weekly DT
Potential resistance around 17,829, TLU4, 18,189, 18,637, TLU2, TLU9, TLU5
Potential support around 17,600, TLD2, TLD1, 17,271, 17,083, 16,745, 16,503

S&P
Daily UT, Weekly DT
Potential resistance around 2,061, 2,102, TLU4, 2,116, 2,129, TLU5
Potential support around 2,061, 2,045, 2,028, 1,996, 1,973, 1,930

Nasdaq
Daily UT, Weekly Neutral
Potential resistance around TLU1, 4,640, 4,682, 4,772, TLU6, TLU4, TLU5 
Potential support around 4,537, TLD2, 4,347, 4,271, 4,193, TLU2, 4,089

Russell
Daily UT, Weekly DT
Potential resistance around 1,137, TLU2, 1,164, 1,185, 1,213
Potential support around 1,114, 1,082, TLD3, 1,049, TLD1, 1,009