Dow Transportation touched new high at 10843.17 and closed at 10820.74 with a high closing doji candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 96.86. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.
Dow Industrial touched new high at 24941.92 and closed at 24922.68 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 116.37. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in its positive cycle and positive slope.
Russell 2000 closed at 1552.58 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 7.49. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.
Nasdaq 100 touched new high at 6579.25 and closed at 6575.8 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 59.99. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.
S&P 500 touched all-time high at 2714.37 and closed at 2713.06 with a bullish marubozu candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 16.60. 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 $61.89 with a doji candle above its 8 EMA, 21 EMA and 50 SMA. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.
Gold futures closed at $1324 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.
Agriculture ETF (DBA) closed at 18.96 with a bullish ‘rolling pin’ candle above its 8 EMA, 21 EMA and below its 50 SMA. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in negative cycle and positive slope.
Commodities ETF (DBC) gapped up and closed at 16.77 with a doji candle above its 8 EMA, 21 EMA and 50 SMA. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.
Bonds
Bond futures (ZB) closed at 152’09 with a high closing doji candle on its 8 EMA and below its 21 EMA and 50 SMA. Momentum is sideways. BuySellTimer is in a positive cycle. TSI is in negative cycle and positive slope.
High Yield bond ETF (HYG) closed at 87.91 with a bullish 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.
Currencies
$DXY closed at 91.864 with a big bearish 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 1.2067 with a bullish 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 112.73 with a bullish candle above its 8 EMA, 21 EMA and below its 50 SMA. Momentum is upwards. TSI is in positive cycle and negative slope.
Swiss Franc (6S) futures closed at 1.0311 with a bullish candle above its 8 EMA, 21 EMA and 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 XLE, XLB, XLK, XLI and XLY respectively.
On a 3-month lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLE, XLY, XLK, XLI, XLF, XLB and XLP respectively.
Market Internals
Vix closed at 9.22. Vix futures is at 10.55. Skew is at 131.24. Market sentiment is bullish. Market breadth is sloping upwards. Volumetric accumulation/distribution is sloping upwards.
The Week Ahead
Vix and Vix futures continues to be at record low and there is no fear in the market. Market internals continue to show strength. The indices continue to charge upwards. The prognosis is for continuing strength in the indices.
Top Buy Penny Stocks!
AMRN, AUY, BIOS, BTG, BW, CERC, CLD, EGO, EXK, GAPFF, GGB, GORO, GPL, GTE, MUX, NXTD, OCRX and SRNE.
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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3 January 2018 – Bulls on a new year run
Dow Transportation touched new high at 10843.17 and closed at 10820.74 with a high closing doji candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 96.86. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.
Dow Industrial touched new high at 24941.92 and closed at 24922.68 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 116.37. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in its positive cycle and positive slope.
Russell 2000 closed at 1552.58 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 7.49. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.
Nasdaq 100 touched new high at 6579.25 and closed at 6575.8 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 59.99. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.
S&P 500 touched all-time high at 2714.37 and closed at 2713.06 with a bullish marubozu candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 16.60. 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 $61.89 with a doji candle above its 8 EMA, 21 EMA and 50 SMA. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.
Gold futures closed at $1324 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.
Agriculture ETF (DBA) closed at 18.96 with a bullish ‘rolling pin’ candle above its 8 EMA, 21 EMA and below its 50 SMA. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in negative cycle and positive slope.
Commodities ETF (DBC) gapped up and closed at 16.77 with a doji candle above its 8 EMA, 21 EMA and 50 SMA. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.
Bonds
Bond futures (ZB) closed at 152’09 with a high closing doji candle on its 8 EMA and below its 21 EMA and 50 SMA. Momentum is sideways. BuySellTimer is in a positive cycle. TSI is in negative cycle and positive slope.
High Yield bond ETF (HYG) closed at 87.91 with a bullish 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.
Currencies
$DXY closed at 91.864 with a big bearish 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 1.2067 with a bullish 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 112.73 with a bullish candle above its 8 EMA, 21 EMA and below its 50 SMA. Momentum is upwards. TSI is in positive cycle and negative slope.
Swiss Franc (6S) futures closed at 1.0311 with a bullish candle above its 8 EMA, 21 EMA and 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 XLE, XLB, XLK, XLI and XLY respectively.
On a 3-month lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLE, XLY, XLK, XLI, XLF, XLB and XLP respectively.
Market Internals
Vix closed at 9.22. Vix futures is at 10.55. Skew is at 131.24. Market sentiment is bullish. Market breadth is sloping upwards. Volumetric accumulation/distribution is sloping upwards.
The Week Ahead
Vix and Vix futures continues to be at record low and there is no fear in the market. Market internals continue to show strength. The indices continue to charge upwards. The prognosis is for continuing strength in the indices.
Top Buy Penny Stocks!
AMRN, AUY, BIOS, BTG, BW, CERC, CLD, EGO, EXK, GAPFF, GGB, GORO, GPL, GTE, MUX, NXTD, OCRX and SRNE.
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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