Summary (The Week Ahead) $DJT – UpTrend and upward momentum. /YM – UpTrend and upward momentum. /RTY – UpTrend with upward momentum. /NQ – UpTrend with upward momentum . /ES – UpTrend with upward momentum.
The indices surged upwards as it looks like the US election results will be fully known soon.
/CL – DownTrend and upward momentum. /GC – Ranging Sideways Trend and upwards momentum and in Squeeze. /ZB – DownTrend and upward momentum and in a preliminary Squeeze. HYG – UpTrend with upward momentum. DBC – DownTrend with upward momentum.
Investors are getting back into the market. Junk bond (HYG) is in uptrend with upward momentum and DBC is in downTrend with upward momentum. The bulls are getting back into the market.
$DXY – DownTrend with downward momentum. EUR/USD – UpTrend with upward momentum and in a preliminary Squeeze. USD/JPY – DownTrend with downward momentum.
Market Internals Market Sentiment – Extremely Bullish. Put/Call ratio – 0.59.Market Breadth – sloping upwards showing more gainers than losers. Volume Acc/Dis – sloping upwards and showing accumulation. Vix –27.58. Skew – 127.65.
Market internals are giving bullish signals.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLU, XLB, XLI, XLV, XLY, SPX, SPY, /ES, XLF, XLK and XLP.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are SPX, XLB, XLY, XLV, SPY, /ES, XLI, XLK, XLP, 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.
5 November 2020 – Indices continued surge.
Summary (The Week Ahead)
$DJT – UpTrend and upward momentum. /YM – UpTrend and upward momentum. /RTY – UpTrend with upward momentum. /NQ – UpTrend with upward momentum . /ES – UpTrend with upward momentum.
The indices surged upwards as it looks like the US election results will be fully known soon.
/CL – DownTrend and upward momentum. /GC – Ranging Sideways Trend and upwards momentum and in Squeeze. /ZB – DownTrend and upward momentum and in a preliminary Squeeze. HYG – UpTrend with upward momentum. DBC – DownTrend with upward momentum.
Investors are getting back into the market. Junk bond (HYG) is in uptrend with upward momentum and DBC is in downTrend with upward momentum. The bulls are getting back into the market.
$DXY – DownTrend with downward momentum. EUR/USD – UpTrend with upward momentum and in a preliminary Squeeze. USD/JPY – DownTrend with downward momentum.
Market Internals
Market Sentiment – Extremely Bullish. Put/Call ratio – 0.59. Market Breadth – sloping upwards showing more gainers than losers. Volume Acc/Dis – sloping upwards and showing accumulation. Vix –27.58. Skew – 127.65.
Market internals are giving bullish signals.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLU, XLB, XLI, XLV, XLY, SPX, SPY, /ES, XLF, XLK and XLP.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are SPX, XLB, XLY, XLV, SPY, /ES, XLI, XLK, XLP, 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.
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