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.

5 August 2021 – A volatile month!

Summary (The Week Ahead)
$DJTDownTrend and downward momentum and in a Squeeze. /YMUpTrend and upward momentum and in a Squeeze. /RTYUpTrend and upward momentum and in a Squeeze. /NQ UpTrend and upward momentum and in a preliminary Squeeze. /ESUpTrend with upward momentum and in a preliminary Squeeze.

The indices remained volatile.

/CLDownTrend and downward momentum. /GCDownTrend and downward momentum and in a tight Squeeze. /ZBUpTrend and upward momentum and in a preliminary Squeeze. HYGDownTrend with downward momentum and in a preliminary Squeeze. DBCUpTrend with downward momentum and in a preliminary Squeeze.

Junk bond (HYG) is still in a downtrend while DBC is undecided. The market is undecided.

Market Internals
Market SentimentExtremely Bullish. Put/Call ratio – 0.52. Market Breadth – sloping upwards showing more gainers than losers. Volume Acc/Dis – sloping upwards showing accumulation. Skew – 148.27. Vix – 17.28.

Market internals are showing bullish bias and the Skew is extremely high.

Relative Strength – Sectors.

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

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

To Your Wealth!
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