Summary (The Week Ahead) $DJT – UpTrend and Upward momentum. /YM – DownTrend and Neutral momentum. /RTY – UpTrend and Upward momentum. /NQ – UpTrend and Upward momentum. /ES – UpTrend and Upward momentum.
/CL – No Trend and Upward momentum. /GC – UpTrend and Neutral momentum. /ZB – UpTrend and Upward momentum. HYG – UpTrend and Upward momentum. DBC – No Trend and Upward momentum.
Daily Tight Squeezes (The Week Ahead) /SI
Daily Squeezes (The Week Ahead) /CL, /YM
Preliminary Squeezes (The Week Ahead) $DJI, /ES, /NQ, DBC
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLC, XLB, XLI, XLF, XLY, XLK, XLU, XLE, XLV and XLP.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLI, XLB, XLV, XLF, XLU, XLP, XLK, XLC and XLY.
In chart 4 above shows the 1 minute chart of the /RTY.
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.
Definitions Bullish bias – Candle Close is above 55 SMA and 8 EMA or 21 EMA and 8 EMA is above 21 EMA Bullish – Candle Close is above 8 EMA, 21 EMA, 55 SMA and 8 EMA is above 21 EMA Bearish bias – Candle Close is below 55 SMA and 8 EMA or 21 EMA and 8 EMA is below 21 EMA Bearish – Candle Close is below 8 EMA, 21 EMA, 55 SMA and 8 EMA is below 21 EMA
18 January 2023 – It all came running down!
Summary (The Week Ahead)
$DJT – UpTrend and Upward momentum.
/YM – DownTrend and Neutral momentum.
/RTY – UpTrend and Upward momentum.
/NQ – UpTrend and Upward momentum.
/ES – UpTrend and Upward momentum.
/CL – No Trend and Upward momentum.
/GC – UpTrend and Neutral momentum.
/ZB – UpTrend and Upward momentum.
HYG – UpTrend and Upward momentum.
DBC – No Trend and Upward momentum.
Daily Tight Squeezes (The Week Ahead)
/SI
Daily Squeezes (The Week Ahead)
/CL, /YM
Preliminary Squeezes (The Week Ahead)
$DJI, /ES, /NQ, DBC
Market Internals
Market Sentiment – Extremely Bearish.
Put/Call ratio – 0.847
Market Breadth – above threshold showing more gainers than losers.
Volume Acc/Dis – above threshold showing accumulation.
Vix – 20.34
QTiTTs signal is Bullish.
Relative Strength – Sectors
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLC, XLB, XLI, XLF, XLY, XLK, XLU, XLE, XLV and XLP.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLI, XLB, XLV, XLF, XLU, XLP, XLK, XLC and XLY.
In chart 4 above shows the 1 minute chart of the /RTY.
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.
Definitions
Bullish bias – Candle Close is above 55 SMA and 8 EMA or 21 EMA and 8 EMA is above 21 EMA
Bullish – Candle Close is above 8 EMA, 21 EMA, 55 SMA and 8 EMA is above 21 EMA
Bearish bias – Candle Close is below 55 SMA and 8 EMA or 21 EMA and 8 EMA is below 21 EMA
Bearish – Candle Close is below 8 EMA, 21 EMA, 55 SMA and 8 EMA is below 21 EMA
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