Summary (The Week Ahead) $DJT – Sideward Trend and decelerating upward momentum. /YM – Sideward Trend and decelerating downward momentum. /RTY – DownTrend and accelerating downward momentum. /NQ – DownTrend and decelerating upward momentum and in a preliminary Squeeze. /ES – DownTrend with decelerating upward momentum and in a preliminary Squeeze.
The indices are signaling volatility.
/CL – DownTrend and accelerating downward momentum. /GC – DownTrend and accelerating downward momentum. /ZB – UpTrend and accelerating upward momentum and in a preliminary Squeeze. HYG – Sideward Trend with decelerating downward momentum. DBC – DownTrend with accelerating downward momentum.
Daily Squeezes (The Week Ahead) /ZB
Preliminary Daily Squeezes (The Week Ahead) /ES, /NQ
Market Internals Market Sentiment – Bullish. Put/Call ratio – 0.97. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping upwards showing accumulation. Vix – 27.18.
Market internals are showing bullish bias.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLP, XLU, XLE, XLK, XLB, XLY, XLI, XLV and XLF.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLP, XLU, XLK, XLI, XLE, XLB, XLF, XLY and XLV.
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.
6 December 2021 – Indices recover
Summary (The Week Ahead)
$DJT – Sideward Trend and decelerating upward momentum. /YM – Sideward Trend and decelerating downward momentum. /RTY – DownTrend and accelerating downward momentum. /NQ – DownTrend and decelerating upward momentum and in a preliminary Squeeze. /ES – DownTrend with decelerating upward momentum and in a preliminary Squeeze.
The indices are signaling volatility.
/CL – DownTrend and accelerating downward momentum. /GC – DownTrend and accelerating downward momentum. /ZB – UpTrend and accelerating upward momentum and in a preliminary Squeeze. HYG – Sideward Trend with decelerating downward momentum. DBC – DownTrend with accelerating downward momentum.
Daily Squeezes (The Week Ahead)
/ZB
Preliminary Daily Squeezes (The Week Ahead)
/ES, /NQ
Market Internals
Market Sentiment – Bullish. Put/Call ratio – 0.97. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping upwards showing accumulation. Vix – 27.18.
Market internals are showing bullish bias.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLP, XLU, XLE, XLK, XLB, XLY, XLI, XLV and XLF.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLP, XLU, XLK, XLI, XLE, XLB, XLF, XLY and XLV.
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.
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