Weekly Market Commentary | Toh CH Capital & Research

19 October 2018 – Has bond bottomed?

Indices (Weekly chart) Dow Transportation closed at 10438.81 with a low closing spinning top doji candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 471.12. Intermediate Cycle is positive with falling slope. Short term cycle is negative with falling slope. Market direction:- Sell. Fractal Bias – Bearish.

Dow […]

12 October 2018 – Weekly Review – Market Tumbles

Indices (Weekly chart) Dow Transportation closed at 10489.29 with a big bearish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 904.06. Intermediate Cycle is positive with falling slope. Short term cycle is negative with falling slope. Market direction:- Sell. Fractal Bias – Neutral.

Dow Industrial closed at […]

5 October 2018 – Weekly Review – Bond Tumbles, Indices pull back

Indices (Weekly chart) Dow Transportation closed at 11206.77 with a bearish candle below its 8 EMA and above its 21 EMA and 50 SMA. Weekly trading range was 361.27. Intermediate Cycle is positive with rising slope. Short term cycle is positive with falling slope. Market direction:- Buy. Fractal Bias – Bullish.

Dow Industrial […]

21 September 2018 – A good week for indices and off to all-time highs

Indices (Weekly chart) Dow Transportation closed at 11532.56 with a spinning top doji candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 216.07. Intermediate Cycle is positive with rising slope. Short term cycle is positive with rising slope. Market direction:- Buy. Fractal Bias – Bullish.

Dow Industrial closed […]

14 September 2018 – Weekly Review – Trade war hots up

Indices (Weekly chart) Dow Transportation closed at 11570.67 with a bullish marubozu candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 276.04. Intermediate Cycle is positive with rising slope. Short term cycle is positive with rising slope. Market direction:- Buy. Fractal Bias – Bullish.

Dow Industrial closed at […]

7 September 2018 – A pullback and a rest for the indices

Indices (Weekly chart) Dow Transportation closed at 11347.54 with a spinning top doji candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 197.51. Intermediate Cycle is positive with rising slope. Short term cycle is positive with rising slope. Market direction:- Buy. Fractal Bias – Bullish.

Dow Industrial closed […]

31 August 2018 – Bulls aided by trade agreements

Indices (Weekly chart) Dow Transportation closed at 11303.76 with low closing doji candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 204.9. Intermediate Cycle is positive with rising slope. Short term cycle is positive with rising slope. Market direction:- Buy. Fractal Bias – Bullish.

Dow Industrial closed at […]

24 August 2018 – Weekly Review – The longest bull market continues uptrend

Indices (Weekly chart) Dow Transportation closed at 11284.99 with an inverted hammer candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 241.56. Intermediate Cycle is positive with rising slope. Short term cycle is positive with rising slope. Market direction:- Buy. Fractal Bias – Bullish.

Dow Industrial broke out […]

17 August 2018 – The UpTrend continues

Indices (Weekly chart) Dow Transportation closed at 11227.80 with a bullish marubozu candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 275.44. Intermediate Cycle is positive with rising slope. Short term cycle is positive with rising slope. Market direction:- Buy. Fractal Bias – Bullish.

Dow Industrial broke out […]

10 August 2018 – The Uptrend Continues

Indices (Weekly chart) Dow Transportation closed at 11090.63 with a doji candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 245.04. Intermediate Cycle is positive with rising slope. Short term cycle is positive with rising slope. Market direction:- Buy. It is in a weekly Squeeze. Fractal Bias – […]