Summary (The Week Ahead) $DJT – UpTrend and upward momentum. /YM – UpTrend and upward momentum and in a preliminary Squeeze. /RTY – UpTrend and upward momentum and in a preliminary Squeeze. /NQ – UpTrend with upward momentum. /ES – UpTrend with upward momentum and in a Squeeze.
New all-time highs in Dow Transportation, Dow Jones Industrial, Russell 2000 and S&P 500.
/CL – UpTrend and upward momentum and in a preliminary Squeeze. /GC – DownTrend and upward momentum. /ZB – DownTrend and downward momentum. HYG – DownTrend with downward momentum. DBC – UpTrend with upward momentum.
Junk bond (HYG) is in a down trend but DBC is in an upTrend. Volatility has increased in the market and caution is needed in this market.
$DXY – UpTrend with upward momentum. EUR/USD – DownTrend with downward momentum. USD/JPY – UpTrend with upward momentum.
Market Internals Market Sentiment – Extremely Bullish. Put/Call ratio – 0.494. Market Breadth – sloping upwards showing more gainers than losers. Volume Acc/Dis – sloping upwards and showing accumulation. Skew – 141.26. Vix – 20.19.
Market internals are giving extreme bullishness which is a cautionary signals.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLI, SPX, SPY, /ES, XLB, XLF, XLE, XLU, XLY, XLP, XLV and XLK.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are SPX, XLI, SPY, /ES, XLB, XLF, XLE, XLY, XLK, XLV, XLP and XLU.
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 personal tutorship, we can provide you with personal coaching to take you to be a profitable trader.
15 March 2021 – Ever Highe in the indices?
Summary (The Week Ahead)
$DJT – UpTrend and upward momentum. /YM – UpTrend and upward momentum and in a preliminary Squeeze. /RTY – UpTrend and upward momentum and in a preliminary Squeeze. /NQ – UpTrend with upward momentum. /ES – UpTrend with upward momentum and in a Squeeze.
New all-time highs in Dow Transportation, Dow Jones Industrial, Russell 2000 and S&P 500.
/CL – UpTrend and upward momentum and in a preliminary Squeeze. /GC – DownTrend and upward momentum. /ZB – DownTrend and downward momentum. HYG – DownTrend with downward momentum. DBC – UpTrend with upward momentum.
Junk bond (HYG) is in a down trend but DBC is in an upTrend. Volatility has increased in the market and caution is needed in this market.
$DXY – UpTrend with upward momentum. EUR/USD – DownTrend with downward momentum. USD/JPY – UpTrend with upward momentum.
Market Internals
Market Sentiment – Extremely Bullish. Put/Call ratio – 0.494. Market Breadth – sloping upwards showing more gainers than losers. Volume Acc/Dis – sloping upwards and showing accumulation. Skew – 141.26. Vix – 20.19.
Market internals are giving extreme bullishness which is a cautionary signals.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLI, SPX, SPY, /ES, XLB, XLF, XLE, XLU, XLY, XLP, XLV and XLK.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are SPX, XLI, SPY, /ES, XLB, XLF, XLE, XLY, XLK, XLV, XLP and XLU.
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 personal tutorship, we can provide you with personal coaching to take you to be a profitable trader.
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