13 December 2021 – Is Santa bringing a lump of coal?
Summary (The Week Ahead) $DJT – Sideward Trend and decelerating upward momentum. /YM – UpTrend and accelerating upward momentum. /RTY – DownTrend and accelerating downward momentum. /NQ – UpTrend and decelerating upward momentum and in a Squeeze. /ES – UpTrend with accelerating upward momentum and in a preliminary Squeeze.
The indices future have rolled onto a new contract quarter. The indices are giving mixed signals. Caution is needed.
/CL – DownTrend and decelerating downward momentum. /GC – DownTrend and accelerating downward momentum. /ZB – UpTrend and accelerating upward momentum. HYG – Sideward Trend with decelerating downward momentum. DBC – Sideward Trend with decelerating downward momentum.
Daily Preliminary Squeezes (The Week Ahead) /ES, SPX
Market Internals
Market Internals Market Sentiment – Bullish. Put/Call ratio – 0.682. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping upwards showing distribution. Vix – 20.31.
Market internals has a bearish bias.
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 XLV, XLP, XLU, XLK, XLB, XLI, XLY, XLE and XLF.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLP, XLU, XLV, XLK, XLB, XLI, XLE, XLF and XLY.
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.
13 December 2021 – Is Santa bringing a lump of coal?
Summary (The Week Ahead)
$DJT – Sideward Trend and decelerating upward momentum. /YM – UpTrend and accelerating upward momentum. /RTY – DownTrend and accelerating downward momentum. /NQ – UpTrend and decelerating upward momentum and in a Squeeze. /ES – UpTrend with accelerating upward momentum and in a preliminary Squeeze.
The indices future have rolled onto a new contract quarter. The indices are giving mixed signals. Caution is needed.
/CL – DownTrend and decelerating downward momentum. /GC – DownTrend and accelerating downward momentum. /ZB – UpTrend and accelerating upward momentum. HYG – Sideward Trend with decelerating downward momentum. DBC – Sideward Trend with decelerating downward momentum.
Daily Squeezes (The Week Ahead)
/$DXY, /NQ, /ZB, /ZN, EUR/USD, NDX,
Daily Preliminary Squeezes (The Week Ahead)
/ES, SPX
Market Internals
Market Sentiment – Bullish. Put/Call ratio – 0.682. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping upwards showing distribution. Vix – 20.31.
Market internals has a bearish bias.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLV, XLP, XLU, XLK, XLB, XLI, XLY, XLE and XLF.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLP, XLU, XLV, XLK, XLB, XLI, XLE, XLF and XLY.
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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