28 January 2022 – Weekly Review – Indices end week up
Summary (Weekly Chart) $DJT – DownTrend with decelerating upward momentum. /YM – Sideward Trend with decelerating upward momentum. /RTY – DownTrend with accelerating downward momentum. /NQ – DownTrend with decelerating upward momentum. /ES – Sideward Trend with decelerating upward momentum.
The indices pulled back this week but staged a rally on Friday.
/CL – UpTrend with accelerating upward momentum. /GC – Sideward Trend with accelerating upward momentum. /ZB – DownTrend with accelerating downward momentum and in a preliminary Squeeze. HYG – DownTrend with accelerating downward momentum. DBC – UpTrend with accelerating upward momentum.
Summary (Daily Chart) $DJT – DownTrend with accelerating downward momentum. /YM – Sideward Trend with accelerating downward momentum. /RTY – DownTrend with accelerating downward momentum. /NQ – DownTrend with accelerating downward momentum. /ES – Sideward Trend with accelerating downward momentum.
$DXY – UpTrend with accelerating upward momentum. EUR/USD – DownTrend with accelerating downward momentum. USD/JPY – UpTrend with accelerating upward momentum.
US Dollar is in a UpTrend.
Tight Squeezes
Squeezes (Daily) GC
Preliminary Squeezes (Daily) /ZB, AUD/NZD
Market Internals (Daily Chart) Market Sentiment – Bearish. Put/Call ratio – 1.056. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping downward and showing distribution. Vix – 27.66.
Market Internals are giving bearish signals.
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLP, XLU, XLF, XLI, XLV, XLB, XLY and XLK.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLP, XLE, XLU, XLF, XLI, XLV, XLB, XLK 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.
28 January 2022 – Weekly Review – Indices end week up
Summary (Weekly Chart)
$DJT – DownTrend with decelerating upward momentum. /YM – Sideward Trend with decelerating upward momentum. /RTY – DownTrend with accelerating downward momentum. /NQ – DownTrend with decelerating upward momentum. /ES – Sideward Trend with decelerating upward momentum.
The indices pulled back this week but staged a rally on Friday.
/CL – UpTrend with accelerating upward momentum. /GC – Sideward Trend with accelerating upward momentum. /ZB – DownTrend with accelerating downward momentum and in a preliminary Squeeze. HYG – DownTrend with accelerating downward momentum. DBC – UpTrend with accelerating upward momentum.
Summary (Daily Chart)
$DJT – DownTrend with accelerating downward momentum. /YM – Sideward Trend with accelerating downward momentum. /RTY – DownTrend with accelerating downward momentum. /NQ – DownTrend with accelerating downward momentum. /ES – Sideward Trend with accelerating downward momentum.
$DXY – UpTrend with accelerating upward momentum. EUR/USD – DownTrend with accelerating downward momentum. USD/JPY – UpTrend with accelerating upward momentum.
US Dollar is in a UpTrend.
Tight Squeezes
Squeezes (Daily)
GC
Preliminary Squeezes (Daily)
/ZB, AUD/NZD
Market Internals (Daily Chart)
Market Sentiment – Bearish. Put/Call ratio – 1.056. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping downward and showing distribution. Vix – 27.66.
Market Internals are giving bearish signals.
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLP, XLU, XLF, XLI, XLV, XLB, XLY and XLK.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLP, XLE, XLU, XLF, XLI, XLV, XLB, XLK 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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