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, XLU, XLB, XLY, XLI, XLV, XLF, XLK and XLC.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLU, XLP, XLB, XLI, XLV, XLY, XLF, XLK and XLC.
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13 June 2022 – Market sold off
Summary (The Week Ahead)
$DJT – DownTrend and accelerating downward momentum. /YM – DownTrend and accelerating downward momentum. /RTY – DownTrend and accelerating downward momentum. /NQ – DownTrend and accelerating downward momentum. /ES – DownTrend with accelerating downward momentum.
The indices have turned downward.
/CL – UpTrend and accelerating upward momentum. /GC – Sideward Trend and accelerating downward 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)
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Daily Squeezes (The Week Ahead)
AUD/NZD
Preliminary Squeezes (The Week Ahead)
/CL, /ZN
Market Internals
Market Sentiment – Extremely Bearish. Put/Call ratio – 0.79. Market Breadth – sloping downward showing more losers than gainers. Volume Acc/Dis – sloping downwards showing distribution. Vix – 34.02.
Market internals are bearish.
Relative Strength – Sectors
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLP, XLU, XLB, XLY, XLI, XLV, XLF, XLK and XLC.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLU, XLP, XLB, XLI, XLV, XLY, XLF, XLK 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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