Summary (3-Day Chart) $DJT – DownTrend with decelerating downward momentum. /YM – DownTrend with decelerating downward momentum. /RTY – DownTrend with decelerating downward momentum. /NQ – DownTrend with decelerating downward momentum. /ES – DownTrend with decelerating downward momentum.
/CL – UpTrend with accelerating upward momentum. /GC – DownTrend with decelerating upward momentum. /ZB – DownTrend with decelerating downward momentum. HYG – DownTrend with decelerating downward momentum. DBC – UpTrend with accelerating upward momentum.
Summary (Daily Chart) $DJT – Sideward Trend with decelerating downward momentum. /YM – Sideward Trend with decelerating downward momentum. /RTY – Sideward Trend with decelerating downward momentum. /NQ – Sideward Trend with decelerating downward momentum. /ES – Sideward Trend with decelerating downward momentum.
$DXY – Sideward Trend with decelerating upward momentum. EUR/USD – Sideward Trend with decelerating downward momentum. USD/JPY – UpTrend with accelerating upward momentum.
US Dollar is trading sideways.
Tight Squeezes –
Squeezes (Daily) /CL
Preliminary Squeezes (Daily) AUD/NZD, DBC
Market Internals
Market Internals (Daily Chart) Market Sentiment – Bearish. Put/Call ratio – 1.114. Market Breadth – sloping upward showing more gainers than losers. Volume Acc/Dis – sloping upward and showing accumulation. Vix – 24.79.
Market Internals are signaling a surge in bullishness.
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLU, XLB, XLI, XLP, XLK, XLF, XLY, XLV and XLC.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLU, XLB, XLP, XLI, XLV, XLF, 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.
3 June 2022 – Weekly Review – An Indecisive week
Summary (3-Day Chart)
$DJT – DownTrend with decelerating downward momentum. /YM – DownTrend with decelerating downward momentum. /RTY – DownTrend with decelerating downward momentum. /NQ – DownTrend with decelerating downward momentum. /ES – DownTrend with decelerating downward momentum.
/CL – UpTrend with accelerating upward momentum. /GC – DownTrend with decelerating upward momentum. /ZB – DownTrend with decelerating downward momentum. HYG – DownTrend with decelerating downward momentum. DBC – UpTrend with accelerating upward momentum.
Summary (Daily Chart)
$DJT – Sideward Trend with decelerating downward momentum. /YM – Sideward Trend with decelerating downward momentum. /RTY – Sideward Trend with decelerating downward momentum. /NQ – Sideward Trend with decelerating downward momentum. /ES – Sideward Trend with decelerating downward momentum.
$DXY – Sideward Trend with decelerating upward momentum. EUR/USD – Sideward Trend with decelerating downward momentum. USD/JPY – UpTrend with accelerating upward momentum.
US Dollar is trading sideways.
Tight Squeezes
–
Squeezes (Daily)
/CL
Preliminary Squeezes (Daily)
AUD/NZD, DBC
Market Internals (Daily Chart)
Market Sentiment – Bearish. Put/Call ratio – 1.114. Market Breadth – sloping upward showing more gainers than losers. Volume Acc/Dis – sloping upward and showing accumulation. Vix – 24.79.
Market Internals are signaling a surge in bullishness.
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLU, XLB, XLI, XLP, XLK, XLF, XLY, XLV and XLC.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLU, XLB, XLP, XLI, XLV, XLF, 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.
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