We are having a QTiTTs challenge starting from today. The conditions are that we will be using the QTiTTs for trading the /RTY which is the Russell 2000 futures in this challenge. The objective is to make an average of USD 200 per day after the transaction costs.
Chart 1: 5 October 2022 – 1 minute chart showing the Entry points and also the possible Exit points
If we are able to consistently achieved an average of USD 200 per day, that is USD 1000 per week. Given that there are 52 weeks in a year, that translate to about USD 52,000 per year. Since there will be holidays throughout the year, we still should achieve something close to USD 50,000 a year per contract. This business is scalable and the future does look bright.
Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index
Summary (The Week Ahead) $DJT – No Trend and Downward momentum. /YM – UpTrend and Downward momentum. /RTY – No Trend and Downward momentum. /NQ – No Trend and Downward momentum. /ES – No Trend and Downward momentum.
The indices are trending downward and momentum is upward.
/CL – DownTrend and Downward momentum. /GC – UpTrend and Neutral momentum. /ZB – UpTrend and Upward momentum. HYG – UpTrend and Downward momentum. DBC – DownTrend and Downward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /NQ, /RTY, /YM, EUR/USD
Market Internals Market Sentiment – Bearish. Put/Call ratio – 1.057 Market Breadth – above threshold showing more gainers than losers. Volume Acc/Dis – above threshold line showing accumulation. Vix – 22.17
QTiTTs signal is Bullish.
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 XLV, XLE, XLI, XLP, XLU, XLB, XLF, XLK, XLC and XLY.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLV, XLP, XLB, XLI, XLF, XLU, XLK, XLC, XLE and XLY.
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.
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
Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index
Summary (The Week Ahead) $DJT – No Trend and Downward momentum. /YM – UpTrend and Downward momentum. /RTY – No Trend and Neutral momentum. /NQ – UpTrend and Neutral momentum. /ES – UpTrend and Neutral momentum.
The indices are trending downward and momentum is upward.
/CL – DownTrend and Neutral momentum. /GC – UpTrend and Neutral momentum. /ZB – UpTrend and Upward momentum. HYG – UpTrend and Neutral momentum. DBC – DownTrend and Downward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /BTC, /RTY, /YM
Preliminary Squeezes (The Week Ahead) $DJT, /NQ, /SI, DBC, EUR/USD
Chart 2 – Market Internals
Market Internals Market Sentiment – Bearish. Put/Call ratio – 1.205 Market Breadth – above threshold showing more gainers than losers. Volume Acc/Dis – above threshold line showing accumulation. Vix – 20.75
QTiTTs signal is Bullish.
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 XLV, XLP, XLI, XLB, XLK, XLC, XLF, XLE, XLU and XLY.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLV, XLI, XLP, XLB, XLU, XLF, XLK, XLC and XLY.
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.
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
Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index
Summary (The Week Ahead) $DJT – UpTrend and Upward momentum. /YM – UpTrend and Upward momentum. /RTY – UpTrend and Upward momentum. /NQ – UpTrend and Upward momentum. /ES – UpTrend and Upward momentum.
The indices are trending downward and momentum is upward.
/CL – DownTrend and Upward momentum. /GC – UpTrend and Upward momentum. /ZB – UpTrend and Upward momentum. HYG – UpTrend and Upward momentum. DBC – UpTrend and Upward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /RTY, /SI
Preliminary Squeezes (The Week Ahead) DBC
Chart 2 – Market Internals
Market Internals Market Sentiment – Bearish. Put/Call ratio – 1.21 Market Breadth – above threshold showing more gainers than losers. Volume Acc/Dis – above threshold line showing accumulation. Vix – 19.84
QTiTTs signal is Bullish.
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, XLI, XLB, XLP, XLV, XLF, XLE, XLC, XLU and XLY.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLV, XLI, XLP, XLB, XLU, XLF, XLK, XLC and XLY.
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.
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
Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index
Summary (The Week Ahead) $DJT – UpTrend and Upward momentum. /YM – UpTrend and Upward momentum. /RTY – UpTrend and Upward momentum. /NQ – UpTrend and Upward momentum. /ES – UpTrend and Upward momentum.
The indices are trending downward and momentum is upward.
/CL – DownTrend and Neutral momentum. /GC – UpTrend and Upward momentum. /ZB – UpTrend and Upward momentum. HYG – UpTrend and Upward momentum. DBC – UpTrend and Neutral momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /RTY, /SI
Preliminary Squeezes (The Week Ahead) DBC
Chart 2 – Market Internals
Market Internals Market Sentiment – Bearish. Put/Call ratio – 1.043 Market Breadth – above threshold showing more gainers than losers. Volume Acc/Dis – above threshold line showing accumulation. Vix – 20.58
QTiTTs signal is Bullish.
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, XLB, XLF, XLP, XLI, XLV, XLE, XLC, XLU and XLY.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLV, XLI, XLP, XLB, XLU, XLF, XLK, XLC and XLY.
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.
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
Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index
Summary (The Week Ahead) $DJT – UpTrend and Neutral momentum. /YM – UpTrend and Downward momentum. /RTY – Neutral Trend and Downward momentum. /NQ – Neutral Trend and Neutral momentum. /ES – UpTrend and Neutral momentum.
The indices are trending downward and momentum is upward.
/CL – DownTrend and Downward momentum. /GC – UpTrend and Neutral momentum. /ZB – UpTrend and Neutral momentum. HYG – UpTrend and Neutral momentum. DBC – DownTrend and Downward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /RTY
Preliminary Squeezes (The Week Ahead) /SI
Chart 2 – Market Internals
Market Internals Market Sentiment – Bearish. Put/Call ratio – 1.17 Market Breadth – above threshold showing more gainers than losers. Volume Acc/Dis – above threshold line showing accumulation. Vix – 21.89
QTiTTs signal is Bullish.
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 XLP, XLF, XLI, XLV, XLB, XLE, XLK, XLU, XLC and XLY.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLV, XLI, XLP, XLB, XLU, XLF, XLK, XLC and XLY.
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.
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
Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index
Summary (The Week Ahead) $DJT – UpTrend and Downward momentum. /YM – UpTrend and Neutral momentum. /RTY – Neutral Trend and Downward momentum. /NQ – UpTrend and Neutral momentum. /ES – UpTrend and Upward momentum.
The indices are trending downward and momentum is upward.
/CL – DownTrend and Downward momentum. /GC – UpTrend and Neutral momentum. /ZB – UpTrend and Upward momentum. HYG – UpTrend and Neutral momentum. DBC – DownTrend and Downward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /RTY
Preliminary Squeezes (The Week Ahead) /SI
Chart 2 – Market Internals
Market Internals Market Sentiment – Bearish. Put/Call ratio – 1.109 Market Breadth – above threshold showing more gainers than losers. Volume Acc/Dis – above threshold line showing accumulation. Vix – 22.21
QTiTTs signal is Bullish.
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 XLP, XLV, XLF, XLI, XLB, XLE, XLK, XLU, XLC and XLY.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLV, XLI, XLP, XLU, XLB, XLF, XLK, XLC and XLY.
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.
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
Summary (3-Day Chart) $DJT – UpTrend with Upward momentum. /YM – UpTrend with Upward momentum. /RTY – UpTrend with Upward momentum. /NQ – Neutral Trend with Upward momentum. /ES – UpTrend with Upward momentum.
/CL – DownTrend with Downward momentum. /GC – Neutral Trend with Upward momentum. /ZB – Neutral Trend with Upward momentum. HYG – Neutral Trend with Upward momentum. DBC – DownTrend with Downward momentum.
Summary (Daily Chart) $DJT – UpTrend with Neutral momentum. /YM – UpTrend with Upward momentum. /RTY – UpTrend with Upward momentum. /NQ – UpTrend with Upward momentum. /ES – UpTrend with Upward momentum.
/CL – DownTrend with Downward momentum. /GC – UpTrend with Downward momentum. /ZB – Upward Trend with Upward momentum. HYG – UpTrend with Upward momentum. DBC – DownTrend with Downward momentum.
$DXY – DownTrend with Downward momentum. EUR/USD – UpTrend with Upward momentum. USD/JPY – DownTrend with Downward momentum.
US Dollar is in a DownTrend.
Tight Squeezes –
Squeezes (Daily) /RTY
Preliminary Squeezes (Daily) DBC
Market Internals
Market Internals (Daily Chart) Market Sentiment – Very Bullish. Put/Call ratio – 1.52 Market Breadth – above the threshold line showing more gainers than losers. Volume Acc/Dis – above the threshold line showing accumulation. Vix – 20.5
Market Internals are signaling Bullishness.
Table 1: Tabulation of the S&P 500 Sectors
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLV, XLB, XLF, XLP, XLI, XLE, XLK, XLU, XLC and XLY.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLV, XLI, XLP, XLB, XLU, XLF, XLK, XLC and XLY.
1 minute day chart with QTiTTs
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
Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index
Summary (The Week Ahead) $DJT – UpTrend and Neutral momentum. /YM – UpTrend and Upward momentum. /RTY – UpTrend and Neutral momentum. /NQ – UpTrend and Upward momentum. /ES – UpTrend and Upward momentum.
The indices are trending downward and momentum is upward.
/CL – DownTrend and Downward momentum. /GC – UpTrend and Downward momentum. /ZB – UpTrend and Upward momentum. HYG – UpTrend and Upward momentum. DBC – Neutral Trend and Downward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /RTY
Preliminary Squeezes (The Week Ahead) DBC
Chart 2 – Market Internals
Market Internals Market Sentiment – Bearish. Put/Call ratio – 1.111 Market Breadth – above threshold showing more gainers than losers. Volume Acc/Dis – above threshold line showing accumulation. Vix – 20.35
QTiTTs signal is Bullish.
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 XLB, XLV, XLF, XLP, XLI, XLE, XLK, XLU, XLC and XLY.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLI, XLV, XLP, XLB, XLU, XLF, XLK, XLC and XLY.
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.
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
Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index
Summary (The Week Ahead) $DJT – UpTrend and Neutral momentum. /YM – UpTrend and Neutral momentum. /RTY – UpTrend and Neutral momentum. /NQ – UpTrend and Upward momentum. /ES – UpTrend and Upward momentum.
The indices are trending downward and momentum is upward.
/CL – DownTrend and Downward momentum. /GC – UpTrend and Downward momentum. /ZB – UpTrend and Upward momentum. HYG – UpTrend and Upward momentum. DBC – Neutral Trend and Downward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /RTY
Preliminary Squeezes (The Week Ahead) DBC, HYG
Chart 2 – Market Internals
Market Internals Market Sentiment – Extremely Bearish. Put/Call ratio – 0.93 Market Breadth – above threshold showing more gainers than losers. Volume Acc/Dis – above threshold line showing accumulation. Vix – 21.29
QTiTTs signal is Bullish.
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 XLV, XLP, XLB, XLI, XLF, XLE, XLK, XLU, XLC and XLY.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLI, XLV, XLP, XLB, XLU, XLF, XLK, XLC and XLY.
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.
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
Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index
Summary (The Week Ahead) $DJT – UpTrend and Neutral momentum. /YM – UpTrend and Neutral momentum. /RTY – UpTrend and Downward momentum. /NQ – UpTrend and Upward momentum. /ES – UpTrend and Neutral momentum.
The indices are trending downward and momentum is upward.
/CL – DownTrend and Downward momentum. /GC – UpTrend and Downward momentum. /ZB – Neutral Trend and Upward momentum. HYG – UpTrend and Upward momentum. DBC – DownTrend and Downward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /RTY
Preliminary Squeezes (The Week Ahead) DBC, HYG
Chart 2 – Market Internals
Market Internals Market Sentiment – Bearish. Put/Call ratio – 1.304 Market Breadth – above threshold showing more gainers than losers. Volume Acc/Dis – above threshold line showing accumulation. Vix – 22.36
QTiTTs signal is Bullish.
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 XLP, XLI, XLV, XLF, XLB, XLE, XLK, XLU, XLC and XLY.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLI, XLV, XLP, XLB, XLU, XLF, XLK, XLC and XLY.
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.
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
6 December 2022 – Pullback continues
Summary (The Week Ahead)
$DJT – No Trend and Downward momentum.
/YM – UpTrend and Downward momentum.
/RTY – No Trend and Downward momentum.
/NQ – No Trend and Downward momentum.
/ES – No Trend and Downward momentum.
The indices are trending downward and momentum is upward.
/CL – DownTrend and Downward momentum.
/GC – UpTrend and Neutral momentum.
/ZB – UpTrend and Upward momentum.
HYG – UpTrend and Downward momentum.
DBC – DownTrend and Downward momentum.
Daily Tight Squeezes (The Week Ahead)
–
Daily Squeezes (The Week Ahead)
/NQ, /RTY, /YM, EUR/USD
Preliminary Squeezes (The Week Ahead)
$DJI, $DJT, /ES, /GC, /SI, USD/JPY
Market Internals
Market Sentiment – Bearish.
Put/Call ratio – 1.057
Market Breadth – above threshold showing more gainers than losers.
Volume Acc/Dis – above threshold line showing accumulation.
Vix – 22.17
QTiTTs signal is Bullish.
Relative Strength – Sectors
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLV, XLE, XLI, XLP, XLU, XLB, XLF, XLK, XLC and XLY.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLV, XLP, XLB, XLI, XLF, XLU, XLK, XLC, XLE 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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