Bursa KLCI

Z_Top5_24June 2022

Z5 Daily
Z5 - Top 5 stocks for today.

Z_Top5_23 June 2022

Z5 Daily
Z5 - Top 5 stocks for today.

23 July 2021 – Indices surged to new All-time highs

Summary (Weekly Chart)

$DJTSideward Trend with downward momentum. /YMUpTrend with upward momentum and in a preliminary Squeeze. /RTYDownTrend with downward momentum and in a tight Squeeze. /NQUpTrend with upward momentum and new All-Time high. /ESUpTrend with upward momentum and new all-Time high.

The S&P 500 and Nasdaq 100 are making new all-time highs. The Dow Transportation and Russell is still trending sideways or downwards.

/CLUpTrend with upward momentum. /GCSideward Trend with downward momentum. /ZBUpTrend with upward momentum. HYGUpTrend with upward momentum and in a preliminary Squeeze. DBCUpTrend with upward momentum.

Both HYG and DBC are in an UpTrend and as such the upTrend is intact.

$DXYUpTrend with upward momentum and. EUR/USDDownTrend with downward momentum. USD/JPYUpTrend with upward momentum and in a Squeeze.

US Dollar is now in an Uptrend.

Summary (Daily Chart)
$DJTUpTrend with upward momentum and in a preliminary Squeeze. /YMUpTrend with upward momentum and in a Squeeze. /RTYDownTrend with sideward momentum. /NQUpTrend with upward momentum and in a preliminary Squeeze. /ESUpTrend with upward momentum and in a preliminary Squeeze.

/CLUpTrend with upward momentum and in a preliminary Squeeze. /GCSideward Trend with downward momentum and in a preliminary Squeeze. /ZBUpTrend with upward momentum. HYGUpTrend with upward momentum. DBCUpTrend with downward momentum and in a preliminary Squeeze.

Oil is in an UpTrend. Commodities are turning upward. High Yield bond (HYG) which measures market appetite for risk is trending upwards. It is a risk-on market.

$DXYUpTrend with upward momentum and in a preliminary Squeeze. EUR/USDDownTrend with downward momentum and in a preliminary Squeeze. USD/JPYUpTrend with upward momentum and in a preliminary Squeeze.

Market Internals (Daily Chart)
Market SentimentExtremely Bullish . Put/Call ratio – 0.606. Market Breadth – sloping downward showing more losers than gainers. Volume Acc/Dis – sloping downward and showing distribution. Skew – 159.44. Vix – 17.2.

Market Internals are showing strength.

Relative Strength – Sectors On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLK, XLV, /NQ, /ES, XLY, /YM, XLP, XLU, XLI, /RTY, XLF, $DJT, XLB and XLE.

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

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