**Dow Transportation** traded sideways and closed at 9121.93 with a spinning top doji candle in a bullish harami candle pattern. Daily trading range was 70. Momentum is downwards. TSI is in negative cycle and acceleration. BuySellTimer is in a negative cycle. The index is finding support at its current level.

**Dow Industrial** traded sideways and closed at 118.4 with a bullish spinning top doji candle below its moving averages. Daily trading range was 118.4. Momentum is sideways. TSI is in positive cycle and negative acceleration. BuySellTimer is in a negative cycle.

**Russell 2000** traded sideways to close at 1356.9 with a small doji candle below its moving averages. Daily trading range was 6.89. Momentum is downwards. TSI is in negative cycle and negative acceleration. BuySellTimer is in a negative cycle.

**Nasdaq 100** traded downwards and closed at 5786.5369 with a doji candle below its moving averages. Daily trading range was 53.8. Momentum is sideways. TSI is in positive cycle and negative acceleration. BuySellTimer is in a negative cycle. The index is finding support at its current level.

**S&P 500** closed at 2428.37 with a spinning top doji candle below its moving averages. Daily trading range was 13.23. Momentum is downwards. TSI is in negative cycle and negative acceleration. BuySellTimer is in a negative cycle.

**Metals and Commodities **

**WTI Crude oil futures** closed at $47.57 with a bearish marubozu candle below its 21 EMA but above its 50 SMA. Momentum is downwards. TSI is in positive cycle and negative acceleration. BuySellTimer is in a negative cycle.

**Gold futures** closed at $1297.4 with a bullish candle above its moving averages. Momentum is upwards. TSI is in positive cycle and positive acceleration. BuySellTimer is in a positive cycle.

Agriculture ETF (DBA) gapped down and closed at 18.58 with a doji candle below its moving averages. Momentum is downwards. TSI is in negative cycle and negative acceleration. BuySellTimer is in a negative cycle.

Commodities ETF (DBC) closed at 14.66 with a bearish candle in a bearish harami candle pattern below its flat moving averages. Momentum is downwards. TSI is in positive cycle and negative acceleration. BuySellTimer is in a negative cycle.

**Bonds**

**Bond futures (ZB)** closed at 156’02 with a bullish candle above its moving averages. Momentum is upwards. TSI is in positive cycle and positive acceleration. BuySellTimer is in a positive cycle.

**High Yield bond ETF (HYG)** closed at 87.56 with a small doji candle below its moving averages. Momentum is downwards. TSI is in negative cycle and negative acceleration. BuySellTimer is in a negative cycle.

**Currencies**

$DXY closed at 93.086 with a bearish candle below its moving averages. Momentum is sideways. TSI is in negative cycle and negative phase.

EUR/USD closed at 1.1814 with a bullish candle above its moving averages. Momentum is sideways. TSI is in positive cycle and negative acceleration.

USD/JPY closed at 108.96 with a bearish candle below its moving averages. Momentum is downwards. TSI is in negative cycle and negative acceleration.

**Relative Strength – Sectors**

On a **monthly** lookback, the relative strength order of the ETFs that are **outperforming** the S&P 500 are XLU, XLP, XLV, XLK, XLB and XLY respectively.

On a **3-month** lookback, the relative strength order of the ETFs that are **outperforming** the S&P 500 are XLU, XLF, XLK, XLV, XLP and XLB respectively.

**Market Internals**

Vix closed at 13.19. Vix futures is at 13.95. Skew is at 131.61. Market sentiment is bullish. Market breadth is sloping downward. Volumetric accumulation/distribution is sloping downwards.

**The Week Ahead**

Market internals are still showing weakness. Market Sentiment has improved. Russell 2000 is still in its downtrend but the other indices are finding support at their current levels. Market sentiment is positive and the prognosis is for more sideways action.

**Buy Penny Stocks!**

ARCI, AUY, AVEO, CNIT, FNMA, GFI, GLUU, JMEI, KGC, PDLI, RADA, SAND, SFUN, SHIP, TGB, TREVF and XPLR.

To YOUR wealth!

Would you like to learn to trade stocks, options or futures? Drop us an email at **jefftohch@gmail.com** or call **+6010 4343 948**.

*Related*

## 21 August 2017 – Where are the bulls?

Dow Transportationtraded sideways and closed at 9121.93 with a spinning top doji candle in a bullish harami candle pattern. Daily trading range was 70. Momentum is downwards. TSI is in negative cycle and acceleration. BuySellTimer is in a negative cycle. The index is finding support at its current level.Dow Industrialtraded sideways and closed at 118.4 with a bullish spinning top doji candle below its moving averages. Daily trading range was 118.4. Momentum is sideways. TSI is in positive cycle and negative acceleration. BuySellTimer is in a negative cycle.Russell 2000traded sideways to close at 1356.9 with a small doji candle below its moving averages. Daily trading range was 6.89. Momentum is downwards. TSI is in negative cycle and negative acceleration. BuySellTimer is in a negative cycle.Nasdaq 100traded downwards and closed at 5786.5369 with a doji candle below its moving averages. Daily trading range was 53.8. Momentum is sideways. TSI is in positive cycle and negative acceleration. BuySellTimer is in a negative cycle. The index is finding support at its current level.S&P 500closed at 2428.37 with a spinning top doji candle below its moving averages. Daily trading range was 13.23. Momentum is downwards. TSI is in negative cycle and negative acceleration. BuySellTimer is in a negative cycle.Metals and CommoditiesWTI Crude oil futuresclosed at $47.57 with a bearish marubozu candle below its 21 EMA but above its 50 SMA. Momentum is downwards. TSI is in positive cycle and negative acceleration. BuySellTimer is in a negative cycle.Gold futuresclosed at $1297.4 with a bullish candle above its moving averages. Momentum is upwards. TSI is in positive cycle and positive acceleration. BuySellTimer is in a positive cycle.Agriculture ETF (DBA) gapped down and closed at 18.58 with a doji candle below its moving averages. Momentum is downwards. TSI is in negative cycle and negative acceleration. BuySellTimer is in a negative cycle.

Commodities ETF (DBC) closed at 14.66 with a bearish candle in a bearish harami candle pattern below its flat moving averages. Momentum is downwards. TSI is in positive cycle and negative acceleration. BuySellTimer is in a negative cycle.

BondsBond futures (ZB)closed at 156’02 with a bullish candle above its moving averages. Momentum is upwards. TSI is in positive cycle and positive acceleration. BuySellTimer is in a positive cycle.High Yield bond ETF (HYG)closed at 87.56 with a small doji candle below its moving averages. Momentum is downwards. TSI is in negative cycle and negative acceleration. BuySellTimer is in a negative cycle.Currencies$DXY closed at 93.086 with a bearish candle below its moving averages. Momentum is sideways. TSI is in negative cycle and negative phase.

EUR/USD closed at 1.1814 with a bullish candle above its moving averages. Momentum is sideways. TSI is in positive cycle and negative acceleration.

USD/JPY closed at 108.96 with a bearish candle below its moving averages. Momentum is downwards. TSI is in negative cycle and negative acceleration.

Relative Strength – SectorsOn a

monthlylookback, the relative strength order of the ETFs that areoutperformingthe S&P 500 are XLU, XLP, XLV, XLK, XLB and XLY respectively.On a

3-monthlookback, the relative strength order of the ETFs that areoutperformingthe S&P 500 are XLU, XLF, XLK, XLV, XLP and XLB respectively.Market InternalsVix closed at 13.19. Vix futures is at 13.95. Skew is at 131.61. Market sentiment is bullish. Market breadth is sloping downward. Volumetric accumulation/distribution is sloping downwards.

The Week AheadMarket internals are still showing weakness. Market Sentiment has improved. Russell 2000 is still in its downtrend but the other indices are finding support at their current levels. Market sentiment is positive and the prognosis is for more sideways action.

Buy Penny Stocks!ARCI, AUY, AVEO, CNIT, FNMA, GFI, GLUU, JMEI, KGC, PDLI, RADA, SAND, SFUN, SHIP, TGB, TREVF and XPLR.

To YOUR wealth!

Would you like to learn to trade stocks, options or futures? Drop us an email at

jefftohch@gmail.comor call+6010 4343 948.## Share this:

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