Weekly Market Commentary | Toh CH Capital & Research

14 October 2022 – Weekly Review – Bearish market continues

Chart 1: Weekly chart of the S&P 500 sectors

Summary (3-Day Chart)$DJT – DownTrend with downward momentum./YM – DownTrend with downward momentum./RTY – DownTrend with downward momentum./NQ – DownTrend with downward momentum./ES – DownTrend with downward momentum.

/CL – DownTrend with upward momentum./GC – DownTrend with downward momentum./ZB – DownTrend with downward momentum.HYG – […]

4 February 2022 – Weekly Review

Summary (Weekly Chart)$DJT – DownTrend with decelerating upward momentum. /YM – DownTrend with decelerating upward momentum. /RTY – DownTrend with accelerating downward momentum. /NQ – Sideward Trend with decelerating upward momentum. /ES – Sideward Trend with decelerating upward momentum.

The indices could be transitioning downward.

/CL – UpTrend with accelerating upward momentum. /GC – […]

28 January 2022 – Weekly Review – Indices end week up

Summary (Weekly Chart)$DJT – DownTrend with decelerating upward momentum. /YM – Sideward Trend with decelerating upward momentum. /RTY – DownTrend with accelerating downward momentum. /NQ – DownTrend with decelerating upward momentum. /ES – Sideward Trend with decelerating upward momentum.

The indices pulled back this week but staged a rally on Friday.

/CL – […]

7 December 2018 – Death crosses in the indices

Indices (Weekly chart) Dow Transportation closed at 9951.16 with a huge bearish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 1123.69. Intermediate Cycle is negative with falling slope. Short term cycle is negative with falling slope. Market direction:- Sell. Fractal Bias – Bullish.

Dow Industrial closed at […]

30 November 2018 – Great expectation

Indices (Weekly chart) Dow Transportation closed at 10820.20 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 465.73. Intermediate Cycle is negative with falling slope. Short term cycle is negative with rising slope. Market direction:- Sell. Fractal Bias – Bullish.

Dow Industrial closed at 25538.46 […]

23 November 2018 – Half day Black Friday lacklustre market

Indices (Weekly chart) Dow Transportation closed at 10369.01 with a bearish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 416.92. Intermediate Cycle is negative with falling slope. Short term cycle is negative with falling slope. Market direction:- Sell. Fractal Bias – Bearish.

Dow Industrial closed at 24285.95 […]

16 November 2018 – Weekly review – Another down week, Some hopes for the bulls

Indices (Weekly chart) Dow Transportation closed at 10583.60 with a high closing spinning top doji candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 318.85. Intermediate Cycle is negative with falling slope. Short term cycle is negative with falling slope. Market direction:- Sell. Fractal Bias – Bullish.

Dow […]

9 November 2018 – Mid-Term election over, market still is range trading

Indices (Weekly chart) Dow Transportation closed at 10517.21 with a bullish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 427.8. Intermediate Cycle is negative with falling slope. Short term cycle is negative with falling slope. Market direction:- Sell. Fractal Bias – Bearish.

Dow Industrial closed at 25989.30 […]

2nd November 2018 – Midterms election and volatility

Indices (Weekly chart) Dow Transportation closed at 10366.32 with a bullish candle below its 8 EMA, 21 EMA and 50 SMA and above its 200 SMA. Weekly trading range was 756.44. Intermediate Cycle is negative with falling slope. Short term cycle is negative with falling slope. Market direction:- Sell. Fractal Bias – Bearish.

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26 October 2018 – Market pullback, lousy week for indices

Indices (Weekly chart) Dow Transportation closed at 9965.67 with a big bearish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 664.39. Intermediate Cycle is positive with falling slope. Short term cycle is negative with falling slope. Market direction:- Sell. Fractal Bias – Bearish.

Dow Industrial closed at […]