Bursa KLCI

Z5 Fri, 26 January 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Thur, 25 January 2024

Z5 Daily
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Z5 Wed, 24 January 2024

Z5 Daily
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Z5 Tues, 23 January 2024

Z5 Daily
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Z5 Mon, 22 January 2024

Z5 Daily
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Z5 Fri, 19 January 2024

Z5 Daily
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Z5 Thur, 18 January 2024

Z5 Daily
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Z5 Wed, 17 January 2024

Z5 Daily
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Z5 Tues, 16 January 2024

Z5 Daily
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Z5 Fri, 12 January 2024

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Z5 Thur, 11 January 2024

Z5 Daily
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Z5 Wed, 10 January 2024

Z5 Daily
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Z5 Tue, 9 January 2024

Z5 Daily
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Z5 Mon, 8 January 2024

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Z5 Fri, 5 January 2024

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Z5 Thur, 4 January 2024

Z5 Daily
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Z5 Wed, 3 January 2024

Z5 Daily
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Z5 Tue, 2 January 2024

Z5 Daily
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Z5 Fri, 29 December 2023

Z5 Daily
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Z5 Thur, 28 December 2023

Z5 Daily
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Z5 Wed, 27 December 2023

Z5 Daily
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Z5 Tue, 26 December 2023

Z5 Daily
Z5 - Top 5 stocks for today.

12 December 2018 – Brexit, Huawei, Trade Wars ….

Indices
Dow Transportation closed at 9833.81 with a bearish ‘inverted hammer’ candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 161.72 Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. Fractal Bias – Bearish.

Dow Industrial closed at 24527.27 with a gravestone doji candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 458.05. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. Fractal Bias – Sell.

Russell 2000 closed at 1455.3231 with a bullish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 31.83. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. Fractal Bias – Sell.

Nasdaq 100 closed at 6763.9567 with a bearish candle on its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 163.43. Intermediate Cycle is negative and rising slope. Short Cycle is negative and falling slope. Market direction: Sell. Fractal Bias – Buy.

S&P 500 closed at 2651.07 with a bearish inverted hammer candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 48.66. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. Fractal Bias – Sell.

Metals and Commodities
WTI Crude oil futures (CL) closed at $51.2 per barrel with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 1.94. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Sell. Fractal Bias – Buy.

Gold futures (GC) closed at 1250.5 with a small bullish candle above its 8 EMA, 21 EMA, 50 SMA and below its 200 SMA. Daily trading range was 5.5. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. Fractal Bias – Buy. It is in a weekly Squeeze.

Agriculture (DBA) ETF closed at 17.33 with a small bullish candle on its 8 EMA, 21 EMA and below its 50 SMA and 200 SMA. Daily trading range was 0.12. Intermediate Cycle is negative and falling slope. Short Cycle is negative and rising slope. Market direction: Buy. Fractal Bias – Buy. It is in a daily and weekly Squeeze.

Commodities (DBC) ETF closed at 15.49 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.2. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Buy. Fractal Bias – Buy.

Bonds
Bond futures (/ZB) closed at 142’20 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.8125. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy. Fractal Bias – Buy.

High Yield bond ETF (HYG) closed at 83.31 with a low closing doji candle above its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.55. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Sell. Fractal Bias- Buy.

Currency
The dollar index ($DXY) closed at 96.996 with a bearish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.603. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Buy. Fractal Bias – Sell. It is in a daily and Weekly Squeeze.

EUR/USD closed at 1.137 with a bullish candle above its 8 EMA, 21 EMA and below its 50 SMA and 200 SMA. Daily trading range was 0.0072. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Buy. Fractal Bias – Buy.

USD/JPY closed at 113.27 with a spinning top doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.377. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. Fractal Bias – Buy.

6S (Swiss Franc) – closed at 1.0071 with a doji candle above its 8 EMA, 21 EMA, 50 SMA and below its 200 SMA. Daily trading range was 0.0053. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. Fractal Bias – Buy.

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

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

Market Internals
Market Sentiment is bullish. Market Breadth is sloping downwards showing more losers than gainers. Volume Acc/Dis is sloping upwards and showing accumulation. Skew is at 116.78. Vix is at 21.46 and Vix Futures is at 20.80.

The Week Ahead
Market internals are showing mixed signals. Market breadth is showing more losers than gainers but market volume is showing accumulation. Vix and Vix futures are still elevated above 21 and 20 respectively. Skew is normal. Trade Wars, Brexit, Huawei are news that have created volatility in the market. The prognosis is for a bullish bias heading into Christmas.

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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