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Z5 Fri, 29 March 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Thur, 28 March 2024

Z5 Daily
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Z5 Wed, 27 March 2024

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Z5 Tues, 26 March 2024

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Z5 Mon, 25 March 2024

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Z5 Fri, 22 March 2024

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Z5 Thur, 21 March 2024

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Z5 Wed, 20 March 2024

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Z5 Tues, 19 March 2024

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Z5 Mon, 18 March 2024

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Z5 Thur, 14 March 2024

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Z5 Wed, 13 March 2024

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Z5 Tue, 12 March 2024

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Z5 Mon, 11 March 2024

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Z5 Fri, 8 March 2024

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Z5 Thur, 7 March 2024

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Z5 Wed, 6 March 2024

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Z5 Tue, 5 March 2024

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Z5 Mon, 4 March 2024

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Z5 Fri, 1 March 2024

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Z5 Fri, 26 January 2024

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Z5 Thur, 25 January 2024

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29 November 2017 – New Highs and a reversal in Nasdaq

Dow Transportation touched new high at 10090.48 and closed at 10076.38 with a big bullish candle above its 8 EMA and 21 EMA and 50 SMA. Daily trading range was 334.11. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.

Dow Industrial touched all-time high of 23940.68 and closed at 23940.68 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 87.17. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in its positive cycle and positive slope.

Russell 2000 touched all-time high at 1547.27 and closed at 1542.3 with a bullish marubozu candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 10.45. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.

Nasdaq 100 closed at 6311.38 with a big bearish marubozu candle below its 8 EMA and on its 21 EMA and above its 50 SMA. Daily trading range was 133.33. Momentum is downwards. BuySellTimer is in a negative cycle. TSI is in positive cycle and negative slope.

S&P 500 touched all-time high of 2634.89 and closed at 2626.07 with a spinning top doji candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 14.57. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.

Metals and Commodities
WTI Crude oil futures closed at $57.39 with a spinning top doji candle on its 8 EMA and above its 21 EMA and 50 SMA. Momentum is downwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and negative slope.

Gold futures closed at $1286.9 with a bearish candle below its 8 EMA and above its 21 EMA and 50 SMA. Momentum is downwards. BuySellTimer is in a negative cycle. TSI is in positive cycle and negative slope.

Agriculture ETF (DBA) gapped up and closed at 19.27 with bullish marubozu candle above its 8 EMA, 21 EMA and 50 SMA. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in negative cycle and positive slope.

Commodities ETF (DBC) closed at 16.23 with a bearish candle below its 8 EMA and on its 21 EMA and above its 50 SMA. Momentum is downwards. BuySellTimer is in a negative cycle. TSI is in positive cycle and negative slope.

 

Bonds
Bond futures (ZB) closed at 152 ’01 with a doji candle below its 8 EMA, 21 EMA and 50 SMA. Momentum is downwards. BuySellTimer is in a negative cycle. TSI is in negative cycle and negative slope.

High Yield bond ETF (HYG) closed at 87.76 with a small spinning top doji candle above its 8 EMA and 21 EMA and below its 50 SMA. Momentum is sideways. BuySellTimer is in a negative cycle. TSI is in negative cycle and positive slope.

 

Currencies
$DXY closed at 93.258 with a spinning top doji candle below its 8 EMA, 21 EMA and 50 SMA. Momentum is downwards. TSI is in a negative cycle and negative slope.

EUR/USD closed at 1.1846 with a spinning top doji candle above its 8 EMA, 21 EMA and 50 SMA. Momentum is upwards. TSI is in positive cycle and positive slope.

USD/JPY closed at 111.91 with a bullish candle above its 8 EMA and below its 21 EMA and 50 SMA. Momentum is sideways. TSI is in negative cycle and positive slope.

Swiss Franc (6S) futures closed at 1.0169 with a spinning top doji candle above its 8 EMA and 21 EMA and below its 50 SMA. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in a positive cycle and positive slope.

Relative Strength – Sectors
On a monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLP, XLF, XLY, XLI, XLB, XLU and XLV respectively.

On a 3-month lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLF, XLK, XLB, XLE, XLI and XLY. respectively.

Market Internals
Vix closed at 10.48. Vix futures is at 11.45. Skew is at 126.28. Market sentiment is rather extremely bullish. Market breadth is sloping upwards. Volumetric accumulation/distribution is sloping upwards.

The Week Ahead
The market is undergoing a sector rotation due to the Tax Reform Bill currently going through Congress and the Senate. Technology stocks are adversely affected by bill and Nasdaq saw a selloff while the other indices made new all-time highs. This is a sign of a sector rotation. The prognosis is for an overall bullish market.

Top Buy Penny Stocks!
BW, CERS, CNIT, DNR, ENPH, GAPFF, GHL, GLNNF, OBE, OCRX, ONCS and SPCB.

 

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. If you have been an unsuccessful trader and need personal tutorship, we can provide you with personal coaching to take you to be a profitable trader.


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