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

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Z5 Wed, 17 January 2024

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Z5 Tues, 16 January 2024

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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

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Z5 Tue, 2 January 2024

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Z5 Fri, 29 December 2023

Z5 Daily
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Z5 Thur, 28 December 2023

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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.

27 March 2019 – Bond continues its run upwards

Indices
Dow Transportation closed at 10197.64 with a bullish marubozu candle above its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 129.97. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell.

Dow Industrial closed at 25625.59 with a spinning top doji candle below its 8 EMA, 21 EMA and above its 50 SMA and 200 SMA. Daily trading range was 332.9. Intermediate Cycle is positive and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. 

Russell 2000 closed at 1522.2313 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 24.29. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. 

Nasdaq 100 closed at 7308.1931 with a bearish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 124.93. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.

S&P 500 (SPX) closed at 2805.37 with a bearish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 37.84. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.    

Metals and Commodities
WTI Crude oil futures (CL) closed at $59.4 per barrel with a bearish candle above its 8EMA, 21 EMA, 50 SMA and below its 200 SMA. Daily trading range was 1.41. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Buy.     

Gold futures (GC) closed at 1315.2 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 11.5. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.

Commodities (DBC) ETF closed at 15.94 with a small bearish candle above its 21 EMA, 50 SMA and below its 8 EMA, 200 SMA. Daily trading range was 0.17. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.   

Bonds
Bond futures (/ZB) closed at 150’04 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 1.375. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.

High Yield bond ETF (HYG) closed at 86.08 with a doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.36. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Buy. 

Currency
The dollar index ($DXY) closed at 96.953 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.292. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.    

EUR/USD closed at 1.1243 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.0043. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. It is in a weekly Squeeze.

USD/JPY closed at 110.50 with a small bearish candle below its 8 EMA, 21 EMA, 200 SMA and on its 50 SMA. Daily trading range was 0.472. 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, XLY, XLE, XLU and XLP.

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 slightly bullish. Market Breadth is sloping downwards showing more losers to gainers. Volume Acc/Dis is sloping upwards and showing accumulation. Skew is at 117.66. Vix is at 15.15 and Vix Futures is at 16.30.  

The Week Ahead 
Market Internals continues to show weakness. Skew is normal. Vix is below 16 and Vix futures is below 17. We are likely to have an up day in a downtrend. The prognosis is for a downtrend in the indices and selling pressure.

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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