Bursa KLCI

Z_Top5_28June 2022

Z5 Daily
Z5 - Top 5 stocks for today.

Z_Top5_24June 2022

Z5 Daily
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Z_Top5_23 June 2022

Z5 Daily
Z5 - Top 5 stocks for today.

4 January 2021 – 2021 begins with a Sell-off

Summary (The Week Ahead)
$DJTSidewards and downward momentum and in a preliminary Squeeze. /YMUpTrend and upward momentum and in a tight Squeeze. /RTYUpTrend and downward momentum and in a preliminary Squeeze. /NQUpTrend with upward momentum and in a preliminary Squeeze. /ESUpTrend with upward momentum and in a Squeeze.

The indices pulled back on the first day of the year and it could be a sign of things to come with increased volatilities in the market. UpTrend largely remains.

/CLUpTrend and upward momentum and in a Squeeze. /GCUpTrend and Upward momentum and in a preliminary Squeeze. /ZBDownTrend and upward momentum and in a tight Squeeze. HYGUpTrend with upward momentum and in a preliminary Squeeze. DBCUpTrend with upward momentum.

Junk bond (HYG) and DBC are both in an upTrend with upward momentum. That is a good sign that the market is still in an UpTrend.

$DXYDownTrend with downward momentum and in a preliminary Squeeze. EUR/USDUpTrend with upward momentum and in a preliminary Squeeze. USD/JPYDownTrend with downward momentum and in a preliminary Squeeze.

Market Internals
Market Sentiment – Extremely Bullish. Put/Call ratio – 0.604. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping downwards and showing distribution. Skew – 143.84. Vix – 26.97.

Market internals are giving mixed signals with Bearish bias. Skew is above 142 giving warning of a Fat-Tail event. UpTrend remains intact but warning bells are ringing.

Relative Strength – Sectors.

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

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

To Your Wealth!
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