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 are all aligned in an UpTrend.
/CL – UpTrend and upward momentum and in a preliminary Squeeze. /GC – DownTrend and downward momentum and in preliminary Squeeze. /ZB – DownTrend and upward momentum and in a Squeeze. HYG – UpTrend and upward momentum. DBC – UpTrend with upward momentum.
Junk bond (HYG) and DBC are both in an upTrend with upward momentum. That is a good sign that we are in a bull market.
$DXY – DownTrend with downward momentum and in a preliminary Squeeze. 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 – 0.582. Market Breadth – sloping upwards showing more gainers than losers. Volume Acc/Dis – sloping upwards and showing accumulation. Vix –22.71. Skew – 128.91.
Market internals are giving very bullish signals.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are SPX, XLE, XLI, XLF, XLP, SPY, /ES, XLY, XLB, XLU, XLK and XLV.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLU, XLI, XLP, SPX, SPY, XLY, /ES, XLB, XLV, XLK and XLF.
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.
17 November 2020 – RCEP for Asia Pacific
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 are all aligned in an UpTrend.
/CL – UpTrend and upward momentum and in a preliminary Squeeze. /GC – DownTrend and downward momentum and in preliminary Squeeze. /ZB – DownTrend and upward momentum and in a Squeeze. HYG – UpTrend and upward momentum. DBC – UpTrend with upward momentum.
Junk bond (HYG) and DBC are both in an upTrend with upward momentum. That is a good sign that we are in a bull market.
$DXY – DownTrend with downward momentum and in a preliminary Squeeze. 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 – 0.582. Market Breadth – sloping upwards showing more gainers than losers. Volume Acc/Dis – sloping upwards and showing accumulation. Vix –22.71. Skew – 128.91.
Market internals are giving very bullish signals.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are SPX, XLE, XLI, XLF, XLP, SPY, /ES, XLY, XLB, XLU, XLK and XLV.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLU, XLI, XLP, SPX, SPY, XLY, /ES, XLB, XLV, XLK and XLF.
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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