$DJT – UpTrend with upward momentum. /YM – UpTrend with upward momentum. /RTY – UpTrend with upward momentum. /NQ – UpTrend with downward momentum. /ES – UpTrend with upward momentum.
The indices are back on an UpTrend during a volatile week.
/CL – UpTrend with upward momentum. /GC – DownTrend with downward momentum and in a preliminary Squeeze. /ZB – DownTrend with Downward momentum. HYG – UpTrend with downward momentum. DBC – UpTrend with upward momentum.
$DXY – UpTrend with upward momentum. EUR/USD – DownTrend with downward momentum. USD/JPY – UpTrend with upward momentum and in a Weekly preliminary Squeeze.
US Dollar has reversed into an UpTrend with upward momentum.
Summary (Daily Chart) $DJT – UpTrend with upward momentum and in a preliminary Squeeze. /YM – UpTrend with upward momentum and in a tight Squeeze. /RTY – DownTrend with downward momentum and in a Squeeze. /NQ – DownTrend with downward momentum. /ES – UpTrend with upward momentum and in a Squeeze.
/CL – UpTrend with upward momentum. /GC – DownTrend with downward momentum. /ZB – DownTrend with downward momentum. HYG – DownTrend with downward momentum. DBC – UpTrend with upward momentum.
Oil continues to trend upwards above USD 60/barrel. High Yield bond (HYG) which measures market appetite for risk is trending downwards. Commodities (DBC) is in an UpTrend. Caution is needed. It is a risk-off market.
$DXY – UpTrend with upward momentum. EUR/USD – DownTrend with downward momentum and in a preliminary Squeeze. USD/JPY – UpTrend with upward momentum.
Market Internals (Daily Chart) Market Sentiment – Bullish . Put/Call ratio – 0.711. Market Breadth – sloping downward showing more losers to gainers. Volume Acc/Dis – sloping upward and showing accumulation. Skew – 135.90. Vix – 24.66.
Market Internals are showing weakness.
Relative Strength – Sectors On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLF, XLI, XLB, /ES, SPY, SPX, XLV, XLP. XLY, XLK and XLU.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLI, XLF, XLB, SPY, SPX, /ES, XLK, XLV, XLY, XLP and XLU.
5 March 2021 – Weekly Report – A volatile week
Summary (Weekly Chart)
$DJT – UpTrend with upward momentum. /YM – UpTrend with upward momentum. /RTY – UpTrend with upward momentum. /NQ – UpTrend with downward momentum. /ES – UpTrend with upward momentum.
The indices are back on an UpTrend during a volatile week.
/CL – UpTrend with upward momentum. /GC – DownTrend with downward momentum and in a preliminary Squeeze. /ZB – DownTrend with Downward momentum. HYG – UpTrend with downward momentum. DBC – UpTrend with upward momentum.
$DXY – UpTrend with upward momentum. EUR/USD – DownTrend with downward momentum. USD/JPY – UpTrend with upward momentum and in a Weekly preliminary Squeeze.
US Dollar has reversed into an UpTrend with upward momentum.
Summary (Daily Chart)
$DJT – UpTrend with upward momentum and in a preliminary Squeeze. /YM – UpTrend with upward momentum and in a tight Squeeze. /RTY – DownTrend with downward momentum and in a Squeeze. /NQ – DownTrend with downward momentum. /ES – UpTrend with upward momentum and in a Squeeze.
/CL – UpTrend with upward momentum. /GC – DownTrend with downward momentum. /ZB – DownTrend with downward momentum. HYG – DownTrend with downward momentum. DBC – UpTrend with upward momentum.
Oil continues to trend upwards above USD 60/barrel. High Yield bond (HYG) which measures market appetite for risk is trending downwards. Commodities (DBC) is in an UpTrend. Caution is needed. It is a risk-off market.
$DXY – UpTrend with upward momentum. EUR/USD – DownTrend with downward momentum and in a preliminary Squeeze. USD/JPY – UpTrend with upward momentum.
Market Internals (Daily Chart)
Market Sentiment – Bullish . Put/Call ratio – 0.711. Market Breadth – sloping downward showing more losers to gainers. Volume Acc/Dis – sloping upward and showing accumulation. Skew – 135.90. Vix – 24.66.
Market Internals are showing weakness.
Relative Strength – Sectors On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLF, XLI, XLB, /ES, SPY, SPX, XLV, XLP. XLY, XLK and XLU.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLI, XLF, XLB, SPY, SPX, /ES, XLK, XLV, XLY, XLP and XLU.
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