Summary (The Week Ahead) $DJT – UpTrend and upward momentum. /YM – UpTrend and upward momentum. /RTY – DownTrend and downward momentum and in a preliminary Squeeze. /NQ – Sideward Trend with downward momentum and in a Squeeze. /ES – UpTrend with upward momentum and in a preliminary Squeeze.
The indices are showing volatility and divergence.
/CL – DownTrend and downward momentum and in a preliminary Squeeze. /GC – DownTrend and downward momentum and in a Squeeze. /ZB – DownTrend and downward momentum and in a preliminary Squeeze. HYG – UpTrend with upward momentum and in a Squeeze. DBC – DownTrend with downward momentum.
Junk bond (HYG) is now in an upTrend while DBC is in a DownTrend. Volatility has increased in the market.
$DXY – UpTrend with upward momentum. EUR/USD – DownTrend with downward momentum. USD/JPY – UpTrend with sideward momentum.
Market Internals Market Sentiment – ExtremelyBullish. Put/Call ratio – 0.598. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping upwards and showing accumulation. Skew – 142.2. Vix – 19.81.
Market internals are showing bearishness.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLI, /ES, SPX, XLB, SPY, XLP, XLU, XLF, XLV, XLY, XLE and XLK.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLI, SPX, /ES, SPY, XLB, XLP, XLF, XLV, XLY, XLK, XLE 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.
30 March 2021 – A divergent market
Summary (The Week Ahead)
$DJT – UpTrend and upward momentum. /YM – UpTrend and upward momentum. /RTY – DownTrend and downward momentum and in a preliminary Squeeze. /NQ – Sideward Trend with downward momentum and in a Squeeze. /ES – UpTrend with upward momentum and in a preliminary Squeeze.
The indices are showing volatility and divergence.
/CL – DownTrend and downward momentum and in a preliminary Squeeze. /GC – DownTrend and downward momentum and in a Squeeze. /ZB – DownTrend and downward momentum and in a preliminary Squeeze. HYG – UpTrend with upward momentum and in a Squeeze. DBC – DownTrend with downward momentum.
Junk bond (HYG) is now in an upTrend while DBC is in a DownTrend. Volatility has increased in the market.
$DXY – UpTrend with upward momentum. EUR/USD – DownTrend with downward momentum. USD/JPY – UpTrend with sideward momentum.
Market Internals
Market Sentiment – Extremely Bullish. Put/Call ratio – 0.598. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping upwards and showing accumulation. Skew – 142.2. Vix – 19.81.
Market internals are showing bearishness.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLI, /ES, SPX, XLB, SPY, XLP, XLU, XLF, XLV, XLY, XLE and XLK.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLI, SPX, /ES, SPY, XLB, XLP, XLF, XLV, XLY, XLK, XLE 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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