Indices Performance Chart - 04 Jun 16

More Asia markets closed higher while Europe and US closed lower.

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

• S&P (increased for 1st week)
• Nasdaq (sharp decreased on 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

US markets closed with small changed for this week after last week rallied.  Weekly Diff is formed.  On daily chart, US markets closed with an outside day.  Not much US data next week except for Fed Chair Yellen may speak on Tue.

Dow

Daily UT, Weekly DT

Potential resistance around 17,829, TLD5, 18,189, TLU4, 18,637, TLU2, TLU5, TLU6

Potential support around TLD4, 17,600, TLD3, 17,271, 17,083

S&P

Daily UT, Weekly Neutral

Potential resistance around  2,102, 2,116, TLU4, 2,129, 2,137, TLU5

Potential support around TLD3, 2,081, TLD5, 2,061, 2,045, 2,028

Nasdaq

Daily UT, Weekly Neutral

Potential resistance around 4,537, 4,640, 4,682, TLU1, 4,772

Potential support around TLD3, 4,347, TLD5, TLU2, 4,271, 4,193

Russell

Daily UT, Weekly DT

Potential resistance around 1,185, 1,213, 1,240, 1,274

Potential support around TLU2, 1,164, 1,137, 1,114, TLD4, TLD6, 1,082