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

Z5 Daily
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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

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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

Z5 Daily
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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

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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.

23 July 2019 – Transportation and Russell 2000 diverges

Indices
Dow Transportation closed at 10717.60 with a bullish doji sandwich candle pattern above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range 98.2. Fractal Chaos Band – Within its FCB. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and rising. Short Cycle Wave – positive and rising. Market direction – Weak UpTrend. Momentum – Strong Upward. RSI – 58.9.

Dow Industrial gapped up and closed at 27349.19 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 196.91. Fractal Chaos Band – Within its FCB. Long Cycle Wave – positive and rising. Medium Cycle – positive and falling. Short Cycle – positive and rising. Market direction – Weak UpTrend. Momentum – Strong Upward. RSI – 69.6.

Russell 2000 closed at 1554.9618 with a bullish marubozu candle slightly above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 10.44. Fractal Chaos Band – within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle – negative and falling. Market direction – Strong UpTrend. Momentum – Strong Downward. RSI – 51.6.

Nasdaq 100 closed at 7954.5643 with a hammer candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 60.04. Fractal Chaos Band – within its FCB. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and falling. Short Cycle Wave – positive and rising. Market direction – Weak UpTrend. Momentum – Strong Upward. RSI – 63.5.

S&P 500 (SPX) closed at 3005.47 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 20.87. Fractal Chaos Band – within the FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and rising. Market direction – Strong UpTrend. Momentum – Weak Downward. RSI – 62.4.

Metals and Commodities
WTI Crude oil futures (CL) closed at $56.22 per barrel with a doji candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 1.21. Fractal Chaos Band – within its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 44.4.

Gold (/GC) closed at 1425.5 with a small bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 7.8. Fractal Chaos Band – within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – positive and falling. Market direction – Strong UpTrend. Momentum – Weak Downward. RSI – 58.9.

Commodities (DBC) ETF closed at 15.51 with a doji candle below 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 0.1. Fractal Chaos Band – within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Weak DownTrend. Momentum – Strong Downward. RSI – 45.

Bonds
Bond futures (/ZB) closed at 154’27 with a small bullish candle above its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range – 0.8437. Fractal Chaos Band – within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and rising. Short Cycle Wave – positive and rising. Market direction – Strong UpTrend. Momentum – Neutral. RSI – 53.3.

High Yield bond ETF (HYG) closed at 86.88 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range – 0.29. Fractal Chaos Band – within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong UpTrend. Momentum – Strong Downward. RSI – 52.6.

Currency
The dollar index ($DXY) closed at 97.292 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range – 0.228. Fractal Chaos Band – within its FCB. Long Cycle Wave – negative and rising. Medium Cycle Wave – positive and rising. Short Cycle Wave – positive and rising. Market direction – Strong UpTrend. Momentum – Strong Upward. RSI – 54.1.


EUR/USD closed at 1.1208 with a small doji candle below its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range – 0.0019. Fractal Chaos Band – within its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 43.3.

USD/JPY closed at 107.85 with a small bullish candle below its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range – 0.371. Fractal Chaos Band – within its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and rising. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 46.6.

Relative Strength – Sectors On a 3-monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLK.

On a 6-monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 is XLK.  

Market Internals
Market Sentiment – Bullish. Market Breadth – sloping downward showing more losers than gainers. Volume Acc/Dis – sloping downwards and showing distribution. Skew -125.36. Vix – 13.53 and Vix Futures – 15.25.   

The Week Ahead 
Market Sentiment remains bullish. Market internals are giving down trend signals. Skew is normal. Vix is below 14 and Vix Futures is below 16. Vix futures is signalling volatility. The prognosis is for increased in volatility and selling pressure on the indices.

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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