Summary (The Week Ahead) $DJT – DownTrend and decelerating upward momentum. /YM – DownTrend and accelerating downward momentum. /RTY – DownTrend and accelerating downward momentum. /NQ – DownTrend and decelerating upward momentum and in a Squeeze. /ES – DownTrend with decelerating upward momentum and in a Squeeze.
The indices are giving mixed signals. Caution is needed.
/CL – DownTrend and accelerating downward momentum. /GC – Sideward Trend and decelerating downward momentum. /ZB – UpTrend and decelerating upward momentum. HYG – Sideward Trend with decelerating downward momentum. DBC – DownTrend with accelerating downward momentum.
Market Internals Market Sentiment – Bullish. Put/Call ratio – 0.694. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping downwards showing distribution. Vix – 22.87.
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, XLY, XLI, XLE and XLF.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLV, XLU, XLP, XLK, XLB, XLF, XLE, XLI 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.
20 December 2021 – A rush for the exits?
Summary (The Week Ahead)
$DJT – DownTrend and decelerating upward momentum. /YM – DownTrend and accelerating downward momentum. /RTY – DownTrend and accelerating downward momentum. /NQ – DownTrend and decelerating upward momentum and in a Squeeze. /ES – DownTrend with decelerating upward momentum and in a Squeeze.
The indices are giving mixed signals. Caution is needed.
/CL – DownTrend and accelerating downward momentum. /GC – Sideward Trend and decelerating downward momentum. /ZB – UpTrend and decelerating upward momentum. HYG – Sideward Trend with decelerating downward momentum. DBC – DownTrend with accelerating downward momentum.
Daily Tight Squeezes (The Week Ahead)
/$DXY, /GC
Daily Squeezes (The Week Ahead)
/ES, /NQ, /ZB, /ZN, EUR/USD, NDX
Daily Preliminary Squeezes (The Week Ahead)
/CL, /RTY, /SI, /YM, HYG, NZD/USD, SPX, USD/JPY
Market Internals
Market Sentiment – Bullish. Put/Call ratio – 0.694. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping downwards showing distribution. Vix – 22.87.
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, XLY, XLI, XLE and XLF.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLV, XLU, XLP, XLK, XLB, XLF, XLE, XLI 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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