Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index
Summary (The Week Ahead) $DJT – DownTrend and Downward momentum. /ES – DownTrend and Upward momentum. /NQ – UpTrend and Upward momentum. /RTY – DownTrend and Neutral momentum. /YM – DownTrend and Upward momentum.
/CL – DownTrend and Neutral momentum. /GC – UpTrend and Neutral momentum. /ZB – UpTrend and Upward momentum. DBC – DownTrend and Downward momentum. HYG – NoTrend and Upward momentum.
$DXY – DownTrend and Downward momentum. EUR/USD – UpTrend and Upward momentum. USD/JPY – DownTrend and Downward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /ES, /YM, HYG
Preliminary Squeezes (The Week Ahead) SPX
Chart 2 – Market Internals
Market Internals Market Sentiment – Bearish Put/Call ratio – 1.087 Market Breadth – below threshold showing more losers than gainers. Volume Acc/Dis – below threshold showing distribution. Vix – 22.26
QTiTTs signal is Downward.
Relative Strength – Sectors
Chart 3 – 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 XLK, XLC, XLY, XLP, XLE, XLV, XLI, XLB, XLU and XLF.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLI, XLK, XLP, XLB, XLV, XLC, XLU, XLY and XLF.
Chart 4 -1 minute day chart with QTiTTs
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.
22 March 2023 – FED raise rate by 0.25%
Summary (The Week Ahead)
$DJT – DownTrend and Downward momentum.
/ES – DownTrend and Upward momentum.
/NQ – UpTrend and Upward momentum.
/RTY – DownTrend and Neutral momentum.
/YM – DownTrend and Upward momentum.
/CL – DownTrend and Neutral momentum.
/GC – UpTrend and Neutral momentum.
/ZB – UpTrend and Upward momentum.
DBC – DownTrend and Downward momentum.
HYG – NoTrend and Upward momentum.
$DXY – DownTrend and Downward momentum.
EUR/USD – UpTrend and Upward momentum.
USD/JPY – DownTrend and Downward momentum.
Daily Tight Squeezes (The Week Ahead)
–
Daily Squeezes (The Week Ahead)
/ES, /YM, HYG
Preliminary Squeezes (The Week Ahead)
SPX
Market Internals
Market Sentiment – Bearish
Put/Call ratio – 1.087
Market Breadth – below threshold showing more losers than gainers.
Volume Acc/Dis – below threshold showing distribution.
Vix – 22.26
QTiTTs signal is Downward.
Relative Strength – Sectors
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLK, XLC, XLY, XLP, XLE, XLV, XLI, XLB, XLU and XLF.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLI, XLK, XLP, XLB, XLV, XLC, XLU, XLY and XLF.
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.
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