Bursa KLCI

Z5 Fri 31 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Thur, 30 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Wed, 29 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Tues, 28 May 2024

28

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Mon, 27 May 2024 – Memorial Day

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Fri, 24 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Thur, 23 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Wed, 22 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Tue, 21 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Mon, 20 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Fri, 17 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Thur, 16 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Wed, 15 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Tue, 14 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Bursa Mon, 13 May 2024

BUrsa Daily
Bursa - Top 5 stocks for today.

Z5 Fri, 10 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Thur, 9 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Wed, 8 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Tue, 7 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Mon, 6 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

21 March 2019 – Indices surged

Indices
Dow Transportation closed at 10285.67 with a bullish marubozu candle below its 8 EMA, 21 EMA, 200 SMA and above its 50 SMA. Daily trading range was 202.7. Intermediate Cycle is positive and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell.

Dow Industrial closed at 25962.51 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 352.12. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and rising slope. Market direction – Sell. 

Russell 2000 closed at 1562.41 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA and below its 200 SMA Daily trading range was 30.99. Intermediate Cycle is positive and falling slope. Short Cycle is positive and rising slope. Market direction: Sell. 

Nasdaq 100 closed at 7493.27 with a big bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 148.47. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.

S&P 500 (SPX) closed at 2854.88 with a big bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 42.93. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.    

Metals and Commodities
WTI Crude oil futures (CL) closed at $59.87 per barrel with a small doji candle above its 8EMA, 21 EMA, 50 SMA and below its 200 SMA. Daily trading range was 0.73. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.     

Gold futures (GC) closed at 1309.0 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 17.4. Intermediate Cycle is negative and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.

Commodities (DBC) ETF closed at 16.08 with a small bearish candle above its 8 EMA, 21 EMA, 50 SMA and below its 200 SMA. Daily trading range was 0.12. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.   

Bonds
Bond futures (/ZB) closed at 147’01 with a doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.594. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.

High Yield bond ETF (HYG) closed at 86.15 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.22. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. 

Currency
The dollar index ($DXY) closed at 96.347 with a big bullish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range was 0.788. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Market direction: Sell.    

EUR/USD closed at 1.1372 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and below its 200 SMA. Daily trading range was 0.0095. Intermediate Cycle is negative and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. It is in a weekly Squeeze.

USD/JPY closed at 110.79 with a spinning top doji candle below its 8 EMA, 21 EMA, 200 SMA and above its 50 SMA. Daily trading range was 0.66. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. 

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

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

Market Internals
Market Sentiment is bullish. Market Breadth is sloping downwards showing more losers to gainers. Volume Acc/Dis is sloping upwards and showing accumulation. Skew is at 120.67. Vix is at 13.63 and Vix Futures is at 15.30.  

The Week Ahead 
Market Internals are giving mixed message. Market Breadth continues to deteriorate while Market Volume is rising. This means more volume into lesser stocks that continues to make gains. Skew is normal. Vix is below 14 while Vix futures is below 16. The prognosis is for an upward bias but caution is to be exercised as the market breadth continues to deteriorate.

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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