Bursa KLCI

14 March 2022 – It is down and down!

Summary (The Week Ahead)
$DJTDownTrend and decelerating downward momentum. /YMDownTrend and accelerating downward momentum. /RTYDownTrend and accelerating downward momentum. /NQ DownTrend and accelerating downward momentum. /ESDownTrend with accelerating downward momentum.

The indices are trending downwards.

/CLSideward Trend and decelerating upward momentum. /GC UpTrend and decelerating upward momentum. /ZBDownTrend and accelerating upward momentum. HYGDownTrend with accelerating downward momentum. DBCUpTrend with decelerating upward momentum.

Daily Tight Squeezes (The Week Ahead)

Daily Squeezes (The Week Ahead)

Preliminary Squeezes
/ES, /NQ, /YM, SPX

Market Internals

Market Internals
Market Sentiment – Bearish. Put/Call ratio – 1.019. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping downwards showing distribution. Vix – 31.77.

Market internals is bearish.

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, XLU, XLI, XLV, XLF, XLB, XLP, XLY, XLK and XLC.

On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLU, XLV, XLP, XLI, XLF, XLB, XLK, XLY and XLC.

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.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>