Summary (The Week Ahead) $DJT – Sideward Trend and decelerating downward momentum. /YM – Sideward Trend and decelerating downward momentum. /RTY – Sideward Trend and decelerating downward momentum. /NQ – Sideward Trend and decelerating downward momentum. /ES – Sideward Trend with decelerating downward momentum.
The indices are Neutral.
/CL – DownTrend and accelerating downward momentum. /GC – DownTrend and accelerating downward momentum. /ZB – UpTrend and decelerating downward momentum. HYG – Sideward Trend with decelerating downward momentum. DBC – DownTrend with accelerating downward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /ES, /NQ, /YM, AUD/NZD
Preliminary Squeezes (The Week Ahead) /$DJT, /RTY
Market Internals
Market Internals Market Sentiment – Bullish. Put/Call ratio – 1.359. Market Breadth – sloping upward showing more gainers than losers. Volume Acc/Dis – sloping downwards showing distribution. Vix – 26.08.
Market internals are Neutral.
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 XLV, XLU, XLP, XLK, XLC, XLY, XLF, XLI, XLE and XLB.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLU, XLV, XLP, XLK, XLY, XLI, XLF, XLC and XLB.
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.
7 July 2022 – Market is turning up
Summary (The Week Ahead)
$DJT – Sideward Trend and decelerating downward momentum. /YM – Sideward Trend and decelerating downward momentum. /RTY – Sideward Trend and decelerating downward momentum. /NQ – Sideward Trend and decelerating downward momentum. /ES – Sideward Trend with decelerating downward momentum.
The indices are Neutral.
/CL – DownTrend and accelerating downward momentum. /GC – DownTrend and accelerating downward momentum. /ZB – UpTrend and decelerating downward momentum. HYG – Sideward Trend with decelerating downward momentum. DBC – DownTrend with accelerating downward momentum.
Daily Tight Squeezes (The Week Ahead)
–
Daily Squeezes (The Week Ahead)
/ES, /NQ, /YM, AUD/NZD
Preliminary Squeezes (The Week Ahead)
/$DJT, /RTY
Market Internals
Market Sentiment – Bullish. Put/Call ratio – 1.359. Market Breadth – sloping upward showing more gainers than losers. Volume Acc/Dis – sloping downwards showing distribution. Vix – 26.08.
Market internals are Neutral.
Relative Strength – Sectors
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLV, XLU, XLP, XLK, XLC, XLY, XLF, XLI, XLE and XLB.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLU, XLV, XLP, XLK, XLY, XLI, XLF, XLC and XLB.
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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