Bursa KLCI

Z_Top5_28June 2022

Z5 Daily
Z5 - Top 5 stocks for today.

Z_Top5_24June 2022

Z5 Daily
Z5 - Top 5 stocks for today.

Z_Top5_23 June 2022

Z5 Daily
Z5 - Top 5 stocks for today.

31 August 2020 – Zoom video zoomed upwards

Summary (The Week Ahead)
$DJTUpTrend. /YMUpTrend. /RTYUpTrend and in a Squeeze. /NQUpTrend. /ESUpTrend.

The indices continue to trend upward and upward momentum is slowing.

/CL – UpTrend and in a tight Squeeze. /GC – Sideways and in a preliminary Squeeze. /ZB – DownTrend. HYGUpTrend and in a preliminary Squeeze. DBCUpTrend and in a preliminary Squeeze.

Junk bond (HYG) has slowed down and DBC is in an UpTrend. This is a sign that the uptrend is still intact.

$DXY – DownTrend and in a Squeeze. EUR/USD – UpTrend and in a Squeeze. USD/JPY – UpTrend and in a Squeeze.

Market Internals
Market Sentiment – Very Bullish. Put/Call ratio – 0.52. Market Breadth – sloping downward showing more losers than gainers. Volume Acc/Dis – sloping upwards and showing accumulation. Vix –26.41. Vix Futures – 27.85. Skew – 144.67.

The indices continued to power upwards. We are in an exuberant market where there is too much liquidity. Market Breadth has narrowed and only a few major companies such as Apple, Zoom Video are powering upwards.

Relative Strength – Sectors.

On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are SPX, XLP, XLK, XLY, SPY, XLV, /ES, XLI, XLB, XLF, XLU and XLE.

On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are SPX, XLP, XLY, SPY, XLK, XLV, /ES, XLB, XLI, XLU, XLF and XLE.  


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 FFpersonal tutorship, we can provide you with personal coaching to take you to be a profitable trader.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>