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.

3 September 2021 – Weekly Review

Summary (Weekly Chart)

$DJTUpTrend with decelerating downward momentum and in a preliminary Squeeze. /YMUpTrend with decelerating upward momentum and in a Squeeze. /RTYUpTrend with decelerating downward momentum and in a tight Squeeze. /NQUpTrend with accelerating upward momentum and new All-Time high. /ESUpTrend with accelerating upward momentum and new all-Time high.

The indices had a rather volatile week and the indices made new highs.

/CLUpTrend with decelerating upward momentum and in a preliminary Squeeze. /GCUpTrend with decelerating downward momentum and in a preliminary Squeeze. /ZBDownTrend with decelerating upward momentum. HYGUpTrend with accelerating upward momentum and in a Squeeze. DBCUpTrend with decelerating upward momentum and in a preliminary Squeeze.

Both HYG and DBC are in a UpTrend. When both are in the same direction, the prognosis is for a continuing bull market.

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

US Dollar is still in an Uptrend.

Summary (Daily Chart)
$DJTUpTrend with decelerating upward momentum and in a preliminary Squeeze. /YMUpTrend with decelerating upward momentum and in a Squeeze. /RTYUpTrend with accelerating upward momentum. /NQUpTrend with accelerating upward momentum. /ESUpTrend with upward momentum, new all-Time high.

/CLUpTrend with accelerating upward momentum and in a preliminary Squeeze. /GCUpTrend with accelerating upward momentum. /ZBDownTrend with accelerating downward momentum and in a preliminary Squeeze. HYGUpTrend with accelerating upward momentum. DBCUpTrend with accelerating upward momentum.

Oil and commodities are in a upTrend. High Yield bond (HYG) which measures market appetite for risk is trending upwards. It is a risk-on market.

$DXYDownTrend with acceleerating downward momentum. EUR/USDUpTrend with accelerating upward momentum. USD/JPYDownTrend with decelerating upward momentum and in a Squeeze.

Market Internals (Daily Chart)
Market SentimentExtremly Bullish . Put/Call ratio – 0.502. Market Breadth – sloping upward showing more gainers than losers. Volume Acc/Dis – sloping upward and showing accumulation. Skew – 162.27. Vix – 16.41.

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 XLV, XLK, XLU, XLY, XLP, XLB, XLI, XLF and XLE.

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

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.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>