Summary (The Week Ahead) $DJT – Sideward Trend and decelerating downward momentum. /YM – Sideward Trend and decelerating downward momentum. /RTY – DownTrend and decelerating downward momentum. /NQ – DownTrend and decelerating downward momentum. /ES – Sideward Trend with decelerating downward momentum.
The indices are bearish.
/CL – UpTrend and accelerating upward momentum. /GC – UpTrend and accelerating upward momentum. /ZB – DownTrend and accelerating downward momentum. HYG – DownTrend with accelerating downward momentum. DBC – UpTrend with accelerating upward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /GC, /ZB, USD/JPY
Preliminary Squeezes $DJT, /YM, ZN
Market Internals
Market Internals Market Sentiment – Neutral. Put/Call ratio – 1.46. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping downwards showing distribution. Vix – 22.86.
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 XLE, XLP, XLF, XLU, XLV, XLK, XLI, XLY and XLB.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLP, XLF, XLU, XLV, XLK, XLI, XLY and XLB.
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.
7 February 2022 – No Bulls in sight
Summary (The Week Ahead)
$DJT – Sideward Trend and decelerating downward momentum. /YM – Sideward Trend and decelerating downward momentum. /RTY – DownTrend and decelerating downward momentum. /NQ – DownTrend and decelerating downward momentum. /ES – Sideward Trend with decelerating downward momentum.
The indices are bearish.
/CL – UpTrend and accelerating upward momentum. /GC – UpTrend and accelerating upward momentum. /ZB – DownTrend and accelerating downward momentum. HYG – DownTrend with accelerating downward momentum. DBC – UpTrend with accelerating upward momentum.
Daily Tight Squeezes (The Week Ahead)
–
Daily Squeezes (The Week Ahead)
/GC, /ZB, USD/JPY
Preliminary Squeezes
$DJT, /YM, ZN
Market Internals
Market Sentiment – Neutral. Put/Call ratio – 1.46. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping downwards showing distribution. Vix – 22.86.
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 XLE, XLP, XLF, XLU, XLV, XLK, XLI, XLY and XLB.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLP, XLF, XLU, XLV, XLK, XLI, XLY and XLB.
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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