Indices Performance Chart - 09 Apr 16

Most markets closed lower this week with not much important economy data from US.

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

• S&P (1) (decreased for 1st week)
• Nasdaq (1) (decreased for 2nd 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 closed with -roc this week. A new weekly Diff is formed.  If unable to hold above weekly Diff SL, may see some pull back.

Dow

Daily UT, Weekly DT

Potential resistance around 17,600, 17,829, TLU4, 18,189, 18,637, TLU2, TLU9, TLU5

Potential support around 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 2,045, 2,028, 1,996, 1,973, 1,930

Nasdaq

Daily UT, Weekly UT

Potential resistance around 4,537, TLD3, TLU1, 4,640, 4,682, 4,772, TLU6, TLU4, TLU5 

Potential support around 4,347, TLD2, 4,271, 4,193, TLU2, 4,089

Russell

Daily UT, Weekly DT

Potential resistance around 1,114, 1,137, TLU2, 1,164, 1,185, 1,213

Potential support around 1,082, TLD3, 1,049, TLD1, 1,009