Bursa KLCI

Z5 Fri 31 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Thur, 30 May 2024

Z5 Daily
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Z5 Wed, 29 May 2024

Z5 Daily
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Z5 Tues, 28 May 2024

28

Z5 Daily
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Z5 Mon, 27 May 2024 – Memorial Day

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Z5 Fri, 24 May 2024

Bursa Daily
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Z5 Thur, 23 May 2024

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Z5 Wed, 22 May 2024

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Z5 Tue, 21 May 2024

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Z5 Mon, 20 May 2024

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Z5 Fri, 17 May 2024

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Z5 Thur, 16 May 2024

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Z5 Wed, 15 May 2024

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Z5 Tue, 14 May 2024

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Bursa Mon, 13 May 2024

BUrsa Daily
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Z5 Fri, 10 May 2024

Z5 Daily
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Z5 Thur, 9 May 2024

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Z5 Wed, 8 May 2024

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Z5 Tue, 7 May 2024

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Z5 Mon, 6 May 2024

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21 June 2018 – Are the Indices rolling over?

Indices
Dow Transportation closed at 10826.84.93 with a bearish candle below its 8 EMA and 21 EMA and above its 50 SMA. Daily trading range was 136.29. BuySellTimer is in its negative cycle. TSI is in a positive cycle and negative slope. Market direction – Intermediate – Sell. Current – Sell/Sell. It is in a daily and weekly Squeeze.

Dow Industrial closed at 24461.70 with a bearish candle below its 8 EMA and 21 EMA and its 50 SMA. Daily trading range was 232.5799. BuySellTimer is in a negative cycle. TSI is in a positive cycle and negative slope. Market direction: Intermediate – Sell. Current – Sell/Sell. It is in a weekly Squeeze.

Russell 2000 closed at 1706.9855 with a bullish marubozu candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 14.0597. BuySellTimer is in a positive cycle. TSI is in a positive cycle and positive slope. Market direction: Intermediate – Buy. Current – Buy/Buy. There is a negative divergence.

Nasdaq 100 closed at 7243.50 with a bearish candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 132.25. BuySellTimer is in its positive cycle. TSI is in a positive cycle and negative slope. Market direction: Intermediate – Buy. Current – Sell/Sell. Negative divergence.

S&P 500 closed at 2749.76 with bearish marubozu candle below its 8 EMA and above its 21 EMA and 50 SMA. Daily trading range was 21.86. BuySellTimer is in its negative cycle. TSI is in a positive cycle and negative slope. Market direction – Intermediate – Buy. Current – Sell/Sell. It is in a weekly Squeeze. Strong Sell signal.

Metals and Commodities
WTI Crude oil futures (CL) closed at $65.34 per barrel with an inverted hammer candle below its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 1.51. BuySellTimer is in a positive cycle. TSI is in a negative cycle and positive slope. Market direction: Intermediate – Sell. Current – Sell/Sell. Positive divergence.

Gold futures (GC) closed at 1269 with a bearish candle below its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 9.9. BuySellTimer is in a negative cycle. TSI is in a negative cycle and negative slope. Market direction: Intermediate – Sell. Current – Sell/Sell. Strong Sell signal. Weekly Squeeze.

Agriculture (DBA) ETF closed at 1813 with a small bearish candle below its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 0.1. BuySellTimer is in a negative cycle. TSI is in a negative cycle and negative slope. Market direction: Intermediate – Sell. Current – Sell/Sell. Strong Sell.

Commodities (DBC) ETF closed at 17.09 with a inverted hammer candle below its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 0.11. BuySellTimer is in its negative cycle. TSI is in a negative cycle and negative slope. Market direction: Intermediate – Sell. Current – Sell/Sell. Strong Sell.

Bonds
Bond futures (/ZB) closed at 143’29 with a bullish candle above its 8 EMA, 21 EMA and 50 EMA. Daily trading range was 1.0937. BuySellTimer is in its positive cycle. TSI is flat. Market direction: Intermediate – Buy. Current – Buy/Buy. It is in a daily and weekly Squeeze.

High Yield bond ETF (HYG) closed at 85.90 with a bearish marubozu candle below its 8 EMA and above its 21 EMA and 50 SMA. Daily trading range was 0.2. BuySellTimer is in a negative cycle. TSI is in a positive cycle and negative slope. Market direction: Intermediate – Buy. Current – Sell/Sell. It is in a weekly Squeeze.

Currencies
The dollar index ($DXY) closed at 94.862 with a spinning top doji candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 0.849. TSI is in a positive cycle and negative slope. Market direction: Intermediate – Buy. Current – Neutral/Buy.

EUR/USD closed at 1.1602 with a spinning top doji candle below its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 0.0125. TSI is in a negative cycle and positive slope. Market direction: Intermediate – Sell. Current – Neutral/Sell.

USD/JPY closed at 109.98 with a bearish candle below its 8 EMA and on its 21 EMA and above its 50 SMA. Daily trading range was 0.916. TSI is in a positive cycle and negative slope. Market direction: Intermediate – Sell. Current – Sell/Sell.

6S(Swiss Franc) – closed at 1.0158 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 0.0093. BuySellTimer is in a positive cycle. TSI is in a negative cycle and flat. Market direction: Intermediate – Buy. Current – Buy/Buy.

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

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

Market Internals
Market sentiment is bullish. Market breadth is sloping downwards showing more losers to gainers. Accumulation/ Distribution is sloping downward showing distribution. Skew is at 139.94. Vix is at 14.60 and Vix futures is at 14.45.

The Week Ahead
Market internals are losing strength. Skew is normal. Vix has gone up to together with Vix futures. This is showing increase in volatility. The market continues to be news driven. The prognosis is for more volatility.

Futures Summary(daily chart):
ES – Intermediate Buy. Short term Sell/Sell. Weekly Squeeze.
NQ – Intermediate Buy. Short term Sell/Sell. Negative divergence.
YM – Intermediate Sell. Short term Sell/Sell. Weekly Squeeze. Strong Sell.
GC – Intermediate Sell. Short term Sell/Sell. Exited daily. Weekly Squeeze. Strong Sell.
CL – Intermediate Sell. Short term Neutral/Buy. Positive divergence.

 

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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