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 are bearish.
/CL – DownTrend and decelerating upward momentum. /GC – DownTrend and decelerating downward momentum. /ZB – DownTrend and decelerating downward momentum. HYG – DownTrend with accelerating downward momentum. DBC – DownTrend with decelerating upward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /GC, /SI
Preliminary Squeezes (The Week Ahead) –
Market Internals Market Sentiment – Bearish. Put/Call ratio – 1.069. Market Breadth – sloping downward showing more losers than gainers. Volume Acc/Dis – sloping upwards showing accumulation. Vix – 28.95.
Market internals are bearish.
Relative Strength – Sectors
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLV, XLU, XLP, XLK, XLY, XLE, XLF, XLI, XLC and XLB.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLV, XLU, XLP, XLK, XLY, XLI, XLF, XLB 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.
22 June 2022 – The bulls tried
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 are bearish.
/CL – DownTrend and decelerating upward momentum. /GC – DownTrend and decelerating downward momentum. /ZB – DownTrend and decelerating downward momentum. HYG – DownTrend with accelerating downward momentum. DBC – DownTrend with decelerating upward momentum.
Daily Tight Squeezes (The Week Ahead)
–
Daily Squeezes (The Week Ahead)
/GC, /SI
Preliminary Squeezes (The Week Ahead)
–
Market Internals
Market Sentiment – Bearish. Put/Call ratio – 1.069. Market Breadth – sloping downward showing more losers than gainers. Volume Acc/Dis – sloping upwards showing accumulation. Vix – 28.95.
Market internals are bearish.
Relative Strength – Sectors
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLV, XLU, XLP, XLK, XLY, XLE, XLF, XLI, XLC and XLB.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLV, XLU, XLP, XLK, XLY, XLI, XLF, XLB 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.
Share this:
Related