Bursa KLCI

17 March 2022 – War, no end in sight

Summary (The Week Ahead)
$DJTUpTrend and accelerating upward momentum. /YMUpTrend and decelerating downward momentum. /RTYSideward Trend and decelerating downward momentum. /NQ Sideward Trend and decelerating downward momentum. /ESSideward Trend with decelerating downward momentum.

The indices are trending sidewards.

/CLSideward Trend and decelerating upward momentum. /GC Sideward Trend and decelerating upward momentum. /ZBDownTrend and accelerating downward momentum. HYGDownTrend with accelerating downward momentum. DBCSideward Trend with decelerating upward momentum.

Daily Tight Squeezes (The Week Ahead)

Daily Squeezes (The Week Ahead)
$DJI, /ES, /NQ, /RTY, /YM, AUD/NZD, NZD/USD, SPX

Preliminary Squeezes
/GC, /SI, NPX

Market Internals

Market Internals
Market Sentiment – Bearish. Put/Call ratio – 1.311. Market Breadth – sloping upwards showing more gainers than losers. Volume Acc/Dis – sloping upwards showing accumulation. Vix – 25.67.

Market internals is bullish.

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

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

To Your Wealth!
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