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

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Z5 Daily
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Z5 Mon, 27 May 2024 – Memorial Day

Z5 Daily
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Z5 Fri, 24 May 2024

Bursa Daily
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Z5 Thur, 23 May 2024

Bursa Daily
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Z5 Wed, 22 May 2024

Bursa Daily
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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

Bursa Daily
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Z5 Thur, 16 May 2024

Bursa Daily
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Z5 Wed, 15 May 2024

Bursa Daily
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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

Z5 Daily
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Z5 Wed, 8 May 2024

Z5 Daily
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Z5 Tue, 7 May 2024

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Z5 Mon, 6 May 2024

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11 April 2019 – Volatility is here!

Indices
Dow Transportation closed at 10785.08 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 107.97. Intermediate Cycle is positive and rising slope. Short Term Cycle is positive and rising slope. Market direction – Buy.

Dow Industrial closed at 26143.05 with a small doji candle on its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 167.29. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell. 

Russell 2000 closed at 1579.1407 with a tiny candle above its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range was 6.357. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. 

Nasdaq 100 closed at 7594.89 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 40.695. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy.

S&P 500 (SPX) closed at 2888.32 with a tiny bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 11.43. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Buy.    

Metals and Commodities
WTI Crude oil futures (CL) closed at $63.71 per barrel with a small bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 1.18. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy.  

Gold futures (GC) closed at 1312 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range was 20.12. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Buy.

Commodities (DBC) ETF closed at 16.26 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA and below its 200 SMA. Daily trading range was 0.15. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.   

Bonds
Bond futures (/ZB) closed at 147’27 with a bearish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.78. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.

High Yield bond ETF (HYG) closed at 86.83 with a small bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.21. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. 

Currency
The dollar index ($DXY) closed at 97.165 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range was 0.318. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.    

EUR/USD closed at 1.1250 with a bearish candle on its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.0037. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Buy. It is in a weekly Squeeze.

USD/JPY closed at 111.63 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range was 0.8. Intermediate Cycle is positive and falling slope. Short Cycle is positive and rising slope. Market direction: Buy. 

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

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

Market Internals
Market Sentiment is bullish. Market Breadth is sloping upwards showing more gainers to losers. Volume Acc/Dis is sloping downwards and showing distribution. Skew is at 126.23. Vix is at 13.02 and Vix Futures is at 13.39.  

The Week Ahead 
Market Internals is giving mix signals. Skew is normal. Vix is below 14 and Vix futures is below 14. Market Sentiment is bullish. The prognosis is for continuing volatility in the market.

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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