Boris Johnson’s resignation must have triggered of bullish sentiment in the market. The Bullish signal was there when market opened and when the bell rang, it took off like a rocket. The magenta dots represent volume breakout when the volume is 50% higher than the average volume. On the ShortRipple lower studies, the SR-TF2 was at over 80 for quite some time. We should exit when it crossed back below 80.
When there is a huge first move from opening bell, we should accept that the market is over for the rest of the day and stay away from it.
In the chart above, the Buy Signal (without the market internals) was present just before market opened at 9:30 am ET. When market opened, the /RTY took off with accompanying volume. The ShortRipple-TF2 entered over 80 which is extreme overbought. When the ShortRipple-TF2 crossed back below 80, it was time to Sell.
In the chart above, the 2 topmost dots represent the $Tick and $ADD Buy and Sell dots. Green/Cyan dots are the Buy dots and White dots are the Sell dots.
Likewise, the middle 4 line of dots represent the 8 EMA crossing the 21 EMA, Close is above the 55 SMA, 8 EMA crosses the 55 SMA, Short Ripple (SR-TF2) higher timeframe above or below the zero line and the Close is above/below the ATR-Trailing StopLoss and the Close above/below the 55 SMA.
The B-TiTTs chart is displayed below. For Bullish or Bearish market condition for trading the Russell 2000 index futures (/RTY), the Rules are set out as below
Check whether the market is range trading. If so, check the fractal breakout lines i.e the Support and Resistance lines.
Check the location of the ATR-Trailing StopLoss line in relation to the close. Also check the 55 SMA line. If both are above the Close, then the index has a bearish bias. If both are below the Close, then the index is bullish.
Check the $Tick chart for the Bias. If the $Tick Average line is below zero, then the line colour is White. If the $Tick Average line is above zero, then it is Green.
Also if the $Tick bar is above the line then it is Green else if the $Tick bar is below the $Tick Average line, then is is Red. For an UpTrend, the $Tick bar is above the $Tick Average line which is sloping upwards.
If the $Tick bar is below the $Tick Average line which is sloping downwards, then it is DownTrending.
For Bullish Entry, check the FOUR Square Cyan/Green dots are present.
Check that the 821 AIM High! vertical line and square dot is present.
Check that the SR-TF2 three arrows are pointing Upward and the Square Cyan dot is present.
Summary (The Week Ahead) $DJT – UpTrend and accelerating upward momentum. /YM – UpTrend and accelerating upward momentum. /RTY – UpTrend and accelerating upward momentum. /NQ – UpTrend and accelerating upward momentum. /ES – UpTrend and accelerating upward momentum.
The indices are trending upward.
/CL – DownTrend and decelerating downward momentum. /GC – UpTrend (Bullish bias) and accelerating upward momentum. /ZB – Sideward Trend and decelerating upward momentum. HYG – UpTrend and accelerating upward momentum. DBC – Sideward Trend with decelerating downward momentum.
Daily Tight Squeezes (The Week Ahead) EUR/USD
Daily Squeezes (The Week Ahead) $DXY, /BTC, /ZB, /ZN, AUD/NZD
Preliminary Squeezes (The Week Ahead) /CL, DBC
Market Internals
Market Internals Market Sentiment – Bullish. Put/Call ratio – 1.339. Market Breadth – above threshold line showing more gainers than losers. Volume Acc/Dis – above threshold line shows accumulation overall. Vix – 19.95.
Market internals are Bullish.
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 XLU, XLK, XLI, XLP, XLV, XLY, XLF, XLC, XLB and XLE.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLU, XLI, XLE, XLV, XLP, XLK, XLB, XLY, XLF and XLC.
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.
Summary (3-Day Chart) $DJT – Sideward Trend with decelerating downward momentum. /YM – Sideward Trend with decelerating downward momentum. /RTY – Sideward Trend with decelerating downward momentum. /NQ – Sideward Trend (Bullish bias) with decelerating downward momentum. /ES – Sideward Trend (Bullish bias) with decelerating downward momentum.
/CL – DownTrend with accelerating downward momentum. /GC – Sideward Trend with decelerating downward momentum. /ZB – Sideward Trend (Bullish bias) with decelerating downward momentum. HYG – Sideward Trend (Bullish bias) with decelerating downward momentum. DBC – DownTrend with accelerating downward momentum.
Summary (Daily Chart) $DJT – UpTrend with accelerating upward momentum. /YM – UpTrend with accelerating upward momentum. /RTY – UpTrend with accelerating upward momentum. /NQ – UpTrend with accelerating upward momentum. /ES – UpTrend with accelerating upward momentum.
$DXY – Sideward Trend with decelerating upward momentum. EUR/USD – Sideward Trend with decelerating downward momentum. USD/JPY – Sideward Trend (Bullish bias) with accelerating downward momentum.
US Dollar is in an sideward trend.
Tight Squeezes /EUR/USD
Squeezes (Daily) $DXY, /BTC, /ZB, AUD/NZD, DBC
Preliminary Squeezes (Daily) /CL, /ZN
Market Internals
Market Internals (Daily Chart) Market Sentiment – Bullish. Put/Call ratio – 1.361. Market Breadth – above the threshold showing more gainers than losers. Volume Acc/Dis – above the threshold showing accumulation. Vix – 19.53.
Market Internals are signaling Bullishness.
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLK, XLU, XLY, XLI, XLP, XLV, XLF, XLC, XLB and XLE.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLU, XLE, XLI, XLV, XLP, XLK, XLB, XLF, XLY and XLC.
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.
Summary (The Week Ahead) $DJT – UpTrend and accelerating upward momentum. /YM – UpTrend and accelerating upward momentum. /RTY – UpTrend and accelerating upward momentum. /NQ – UpTrend and accelerating upward momentum. /ES – UpTrend and accelerating upward momentum.
The indices are trending upward.
/CL – DownTrend and decelerating downward momentum. /GC – UpTrend (Bullish bias) and accelerating upward momentum. /ZB – Sideward Trend and decelerating upward momentum. HYG – UpTrend with accelerating upward momentum. DBC – Sideward Trend with decelerating downward momentum.
Daily Tight Squeezes (The Week Ahead) EUR/USD
Daily Squeezes (The Week Ahead) $DXY, /BTC, AUD/NZD, DBC, EUR/USD
Preliminary Squeezes (The Week Ahead) /CL, /ZB, /ZN
Market Internals
Market Internals Market Sentiment – Bullish. Put/Call ratio – 1.459. Market Breadth – above threshold line showing more gainers than losers. Volume Acc/Dis – above threshold line shows accumulation overall. Vix – 20.2.
Market internals are Bullish.
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 XLI, XLU, XLY, XLK, XLP, XLF, XLV, XLC, XLB and XLE.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLU, XLE, XLI, XLV, XLP, XLK, XLB, XLF, XLY and XLC.
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.
Summary (The Week Ahead) $DJT – UpTrend and accelerating upward momentum. /YM – UpTrend and accelerating upward momentum. /RTY – UpTrend and accelerating upward momentum. /NQ – UpTrend and accelerating upward momentum. /ES – UpTrend and accelerating upward momentum.
The indices are trending upward.
/CL – DownTrend and decelerating downward momentum. /GC – UpTrend (Bullish bias) and decelerating downward momentum. /ZB – Sideward Trend and decelerating upward momentum. HYG – UpTrend with accelerating upward momentum. DBC – Sideward Trend with decelerating downward momentum.
Daily Tight Squeezes (The Week Ahead) EUR/USD
Daily Squeezes (The Week Ahead) $DXY, /BTC, /ZB, AUD/NZD
Preliminary Squeezes (The Week Ahead) /CL, /ZN
Market Internals
Market Internals Market Sentiment – Bearish. Put/Call ratio – 1.201. Market Breadth – above threshold line showing more gainers than losers. Volume Acc/Dis – above threshold line shows accumulation overall. Vix – 19.74.
Market internals are Bullish.
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 XLK, XLU, XLI, XLY, XLV, XLP, XLF, XLC, XLB and XLE.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLU, XLE, XLI, XLV, XLP, XLK, XLB, XLY, XLF and XLC.
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.
Summary (The Week Ahead) $DJT – UpTrend and accelerating upward momentum. /YM – UpTrend and accelerating upward momentum. /RTY – UpTrend and accelerating upward momentum. /NQ – UpTrend and accelerating upward momentum. /ES – UpTrend and accelerating upward momentum.
The indices are trending upward.
/CL – DownTrend and accelerating downward momentum. /GC – UpTrend (Bullish bias) and decelerating downward momentum. /ZB – UpTrend and decelerating upward momentum. HYG – UpTrend with decelerating upward momentum. DBC – DownTrend with accelerating downward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /BTC, AUD/NZD, DBC, EUR/USD
Preliminary Squeezes (The Week Ahead) $DXY, /CL, /ZB
Market Internals
Market Internals Market Sentiment – Bearish. Put/Call ratio – 1.181. Market Breadth – above threshold line showing more gainers than losers. Volume Acc/Dis – above threshold line shows accumulation overall. Vix – 21.77.
Market internals are Bullish.
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 XLU, XLI, XLK, XLP, XLY, XLV, XLF, XLC, XLB and XLE.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLU, XLE, XLV, XLI, XLP, XLK, XLY, XLB, XLF and XLC.
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.
Summary (The Week Ahead) $DJT – UpTrend and accelerating upward momentum. /YM – UpTrend and accelerating upward momentum. /RTY – UpTrend and accelerating upward momentum. /NQ – UpTrend and accelerating upward momentum. /ES – UpTrend and accelerating upward momentum.
The indices are trending upward.
/CL – DownTrend and accelerating downward momentum. /GC – UpTrend (Bullish bias) and decelerating downward momentum. /ZB – UpTrend and decelerating upward momentum. HYG – UpTrend with accelerating upward momentum. DBC – DownTrend with accelerating downward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) AUD/NZD, DBC, EUR/USD
Preliminary Squeezes (The Week Ahead) $DXY, /BTC, /CL
Market Internals
Market Internals Market Sentiment – Bullish. Put/Call ratio – 1.354. Market Breadth – above threshold line showing more gainers than losers. Volume Acc/Dis – above threshold line shows accumulation overall. Vix – 21.29.
Market internals are Bullish.
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 XLK, XLU, XLI, XLY, XLP, XLV, XLF, XLC, XLB and XLE.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLU, XLE, XLV, XLI, XLP, XLK, XLY, XLB, XLF and XLC.
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.
Summary (3-Day Chart) $DJT – Sideward Trend with decelerating downward momentum. /YM – Sideward Trend with decelerating downward momentum. /RTY – Sideward Trend with decelerating downward momentum. /NQ – Sideward Trend (Bullish bias) with decelerating downward momentum. /ES – Sideward Trend (Bullish bias) with decelerating downward momentum.
/CL – DownTrend with accelerating downward momentum. /GC – Sideward Trend with decelerating downward momentum. /ZB – Sideward Trend (Bullish bias) with decelerating downward momentum. HYG – Sideward Trend (Bullish bias) with decelerating downward momentum. DBC – DownTrend with accelerating downward momentum.
Summary (Daily Chart) $DJT – UpTrend with accelerating upward momentum. /YM – UpTrend with accelerating upward momentum. /RTY – UpTrend with accelerating upward momentum. /NQ – UpTrend with accelerating upward momentum. /ES – UpTrend with accelerating upward momentum.
$DXY – UpTrend with decelerating upward momentum. EUR/USD – Sideward Trend with decelerating downward momentum. USD/JPY – Sideward Trend (Bullish bias) with decelerating upward momentum.
US Dollar is in an sideward trend.
Tight Squeezes –
Squeezes (Daily) AUD/NZD, DBC, EUR/USD
Preliminary Squeezes (Daily) $DXY, /CL, /ZB
Market Internals
Market Internals (Daily Chart) Market Sentiment – Bearish. Put/Call ratio – 1.272. Market Breadth – above the threshold showing more gainers than losers. Volume Acc/Dis – above the threshold showing accumulation. Vix – 21.15.
Market Internals are signaling Bullishness.
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLK, XLI, XLY, XLU, XLV, XLP, XLF, SLX, XLB and XLE.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLU, XLE, XLV, XLI, XLP, XLK, XLY, XLB, XLF and XLC.
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.
Summary (The Week Ahead) $DJT – UpTrend and accelerating upward momentum. /YM – UpTrend and accelerating upward momentum. /RTY – UpTrend and accelerating upward momentum. /NQ – UpTrend and accelerating upward momentum. /ES – UpTrend and accelerating upward momentum.
The indices are trending upward.
/CL – DownTrend and accelerating downward momentum. /GC – UpTrend and decelerating downward momentum. /ZB – UpTrend and accelerating upward momentum. HYG – UpTrend with accelerating upward momentum. DBC – DownTrend with accelerating downward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) AUD/NZD, DBC, EUR/USD
Preliminary Squeezes (The Week Ahead) $DXY, /CL
Market Internals
Market Internals Market Sentiment – Bullish. Put/Call ratio – 1.409. Market Breadth – above threshold line showing more gainers than losers. Volume Acc/Dis – above threshold line shows accumulation overall. Vix – 21.44.
Market internals are Bullish.
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 XLK, XLY, XLU, XLI, XLV, XLP, XLC, XLF, XLB and XLE.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLU, XLE, XLV, XLP, XLI, XLK, XLY, XLB, XLF and XLC.
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.
Summary (The Week Ahead) $DJT – UpTrend and accelerating upward momentum. /YM – UpTrend and accelerating upward momentum. /RTY – UpTrend and accelerating upward momentum. /NQ – UpTrend and accelerating upward momentum. /ES – UpTrend and accelerating upward momentum.
The indices are trending upward.
/CL – DownTrend and accelerating downward momentum. /GC – Sideward Trend (Bullish bias) and decelerating downward momentum. /ZB – UpTrend and accelerating upward momentum. HYG – UpTrend with accelerating upward momentum. DBC – DownTrend with accelerating downward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /CL, AUD/NZD, DBC, EUR/USD
Preliminary Squeezes (The Week Ahead) $DXY
Market Internals
Market Internals Market Sentiment – Bearish. Put/Call ratio – 1.296. Market Breadth – above threshold line showing more gainers than losers. Volume Acc/Dis – above threshold line shows accumulation overall. Vix – 21.95.
Market internals are Bullish.
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 XLK, XLY, XLU, XLV, XLI, XLP, XLF, XLC, XLB and XLE.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLU, XLE, XLV, XLP, XLI, XLK, XLY, XLB, XLF and XLC.
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.
Summary (The Week Ahead) $DJT – UpTrend and accelerating upward momentum. /YM – UpTrend and accelerating upward momentum. /RTY – UpTrend and accelerating upward momentum. /NQ – UpTrend and accelerating upward momentum. /ES – UpTrend and accelerating upward momentum.
The indices are trending upward.
/CL – DownTrend and accelerating downward momentum. /GC – UpTrend and decelerating downward momentum. /ZB – UpTrend and accelerating upward momentum. HYG – UpTrend with accelerating upward momentum. DBC – Sideward Trend with decelerating downward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /CL, AUD/NZD, DBC, EUR/USD
Preliminary Squeezes (The Week Ahead) $DXY, /BTC
Market Internals
Market Internals Market Sentiment – Bearish. Put/Call ratio – 1.255. Market Breadth – above threshold line showing more gainers than losers. Volume Acc/Dis – above threshold line shows accumulation overall. Vix – 23.93.
Market internals are Bullish.
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 XLY, XLK, XLU, XLI, XLV, XLP, XLF, XLC, XLE and XLB.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLU, XLE, XLP, XLV, XLI, XLK, XLY, XLB, XLF and XLC.
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.
TiTTs – Volume BreakOut, Support and Resistance
Boris Johnson’s resignation must have triggered of bullish sentiment in the market. The Bullish signal was there when market opened and when the bell rang, it took off like a rocket. The magenta dots represent volume breakout when the volume is 50% higher than the average volume. On the ShortRipple lower studies, the SR-TF2 was at over 80 for quite some time. We should exit when it crossed back below 80.
When there is a huge first move from opening bell, we should accept that the market is over for the rest of the day and stay away from it.
In the chart above, the Buy Signal (without the market internals) was present just before market opened at 9:30 am ET. When market opened, the /RTY took off with accompanying volume. The ShortRipple-TF2 entered over 80 which is extreme overbought. When the ShortRipple-TF2 crossed back below 80, it was time to Sell.
In the chart above, the 2 topmost dots represent the $Tick and $ADD Buy and Sell dots. Green/Cyan dots are the Buy dots and White dots are the Sell dots.
Likewise, the middle 4 line of dots represent the 8 EMA crossing the 21 EMA, Close is above the 55 SMA, 8 EMA crosses the 55 SMA, Short Ripple (SR-TF2) higher timeframe above or below the zero line and the Close is above/below the ATR-Trailing StopLoss and the Close above/below the 55 SMA.
The B-TiTTs chart is displayed below. For Bullish or Bearish market condition for trading the Russell 2000 index futures (/RTY), the Rules are set out as below
Share this: