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 August 2021 – It is Up and Up!

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

The indices have turned upwards.

/CLDownTrend and downward momentum. /GCUpTrend and upward momentum. /ZBUpTrend and upward momentum and in a preliminary Squeeze. HYGUpTrend with upward momentum. DBCDownTrend with downward momentum.

Junk bond (HYG) is on an upTrend and DBC is in a downTrend. The market is giving mix signals.

Market Internals

Market Internals
Market SentimentExtremely Bullish. Put/Call ratio – 0.69. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping upwards showing accumulation. Skew – 159.02. Vix – 17.15.

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

Relative Strength – Sectors.

Ranking the Strength of the S&P 500 ETFs over 12 month period

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

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

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