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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.

6 August 2021 – UpTrend and new highs

Summary (Weekly Chart)

$DJTDownTrend with downward momentum and in a preliminary Squeeze. /YMUpTrend with upward momentum and in a Squeeze. /RTYUpTrend with sideward 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 Dow Transportation is signalling bearishness while the S&P 500 and Nasdaq 100 are making new highs.

/CLUpTrend with upward momentum. /GCDownTrend with downward momentum. /ZBUpTrend with upward momentum. HYGUpTrend with downward momentum and in a Squeeze. DBCUpTrend with upward momentum.

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

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

US Dollar is now in an Uptrend.

Summary (Daily Chart)
$DJTDownTrend with downward momentum and in a Squeeze. /YMUpTrend with upward momentum and in a Squeeze. /RTYUpTrend with upward momentum and in a Squeeze. /NQUpTrend with upward momentum and in a preliminary Squeeze. /ESUpTrend with upward momentum and in a preliminary Squeeze.

/CLDownTrend with downward momentum. /GCDownTrend with downward momentum and in a Squeeze. /ZBDownTrend with downward momentum and in a preliminary Squeeze. HYGDownTrend with downward momentum and in a preliminary Squeeze. DBCDownTrend with downward momentum.

Oil is in an downTrend. Commodities are turning downward. High Yield bond (HYG) which measures market appetite for risk is trending downwards. It is a risk-off market.

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

Market Internals (Daily Chart)
Market SentimentExtremely Bullish . Put/Call ratio – 0.541. Market Breadth – sloping upward showing more gainers than losers. Volume Acc/Dis – sloping upward and showing accumulation. Skew – 148.27. Vix – 16.149.

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, /ES, /YM, /NQ, XLU, XLV, XLF, XLY, XLP, XLI, /RTY, XLB, XLE and $DJT.

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

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