Bursa KLCI

Z5 Fri, 29 March 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Thur, 28 March 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Wed, 27 March 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Tues, 26 March 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Mon, 25 March 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Fri, 22 March 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Thur, 21 March 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Wed, 20 March 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Tues, 19 March 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Mon, 18 March 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Thur, 14 March 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Wed, 13 March 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Tue, 12 March 2024

Z5 Daily
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Z5 Mon, 11 March 2024

Z5 Daily
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Z5 Fri, 8 March 2024

Z5 Daily
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Z5 Thur, 7 March 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Wed, 6 March 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Tue, 5 March 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Mon, 4 March 2024

Z5 Daily
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Z5 Fri, 1 March 2024

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Z5 Fri, 26 January 2024

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Z5 - Top 5 stocks for today.

Z5 Thur, 25 January 2024

Z5 Daily
Z5 - Top 5 stocks for today.

17 October 2017 – New highs and a diverging market

Dow Transportation traded down and closed at 9824.14 with a doji candle below its 8 EMA and on its 21 EMA and above its 50 SMA. Daily trading range was 94.19. Momentum is downwards. BuySellTimer is in a negative cycle. TSI is in positive cycle and negative slope. The close has broken the last downfractal.

Dow Industrial touched new all-time high at 23002.2 and closed at 22997.44 with a bullish marubozu candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 53.97. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.

Russell 2000 closed at 1497.5 with a bearish candle below its 8 EMA and above its 21 EMA and 50 SMA. Daily trading range was 9.9. Momentum is sideways. BuySellTimer is in a negative cycle. TSI is in positive cycle and negative slope.

Nasdaq 100 touched all-time high at 6122.82 and closed at 6122.61 with a hammer candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 19.16. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.

S&P 500 touched new all-time high at 2559.36 and closed at 2559.36 with a small bullish candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 5.02. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.

Metals and Commodities
WTI Crude oil futures closed at $51.94 with a doji candle above its 8 EMA, 21 EMA and 50 SMA. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.

Gold futures closed at $1287 with a bearish candle below its 8 EMA, 21 EMA and 50 SMA. Momentum is downwards. BuySellTimer is in a negative cycle. TSI is in negative cycle and negative slope.

Agriculture ETF (DBA) closed at 18.92 with a bearish marubozu candle on its 8 EMA and 21 EMA and above its 50 SMA. Momentum is downwards. BuySellTimer is in a negative cycle. TSI is in positive cycle and negative slope. It is in a Squeeze.

Commodities ETF (DBC) gapped down, traded up and down and closed at 15.6 with a doji candle above its 8 EMA, 21 EMA and 50 SMA. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.

 

Bonds
Bond futures (ZB) closed at 154’01 with a bullish candle above its 8 EMA and 21 EMA and below its 50 SMA. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in negative cycle and positive slope.

High Yield bond ETF (HYG) closed at 88.51 with a bullish marubozu candle above its 8 EMA, 21 EMA and 50 SMA. Momentum is upwards. BuySellTimer is in a positive cycle. TSI is in positive cycle and positive slope.

 

Currencies
$DXY closed at 93.512 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Momentum is upwards. TSI is in a positive cycle and positive slope.

EUR/USD closed at 1.1795 with a bearish candle below its 8 EMA, 21 EMA and 50 SMA. Momentum is downwards. TSI is in negative cycle and negative slope.

USD/JPY closed at 112.19 with a doji candle between its 8 EMA and 21 EMA and above its 50 SMA. Momentum is sidways. TSI is in positive cycle and negative slope.

Swiss Franc (6S) futures closed at 1.0261 with a bearish candle below its 8 EMA, 21 EMA and 50 SMA. Momentum is downwards. BuySellTimer is in a negative cycle. TSI is in a negative cycle and negative slope.

Relative Strength – Sectors
On a monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLK, XLF, XLB, XLU, XLE and XLI respectively.

On a 3-month lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLE, XLF, XLB, XLI, XLK and XLV respectively.

Market Internals
Vix closed at 10.31. Vix futures is at 11.70 Skew is at 150.12. Market sentiment has turned bearish. Market breadth is sloping downwards. Volumetric accumulation/distribution is sloping upwards.

The Week Ahead
Market internals is showing signs of weakening. The Dow Industrial, Nasdaq 100 and S&P 500 touched new all-time high while the SKEW index is now extremely elevated above 150. Vix and Vix futures has increased warning us of potential rise in volatility. Market sentiment has turned negative in a long time. The prognosis is for the market to pull back from its current highs.

Top Buy Penny Stocks!
APPS, ARDM, DMTX, FCEL, FENG, ITEK, PDLI, PLUG, SRAX and VKTX.

 

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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