Indices (Weekly chart)
Dow Transportation closed at 9620.20 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 200.15. BuySellTimer is in its negative cycle. TSI is in a positive cycle and positive slope.
Dow Industrial touched new all-time high at 23617.8 and closed at 23557.99 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 257.22. BuySellTimer is in positive cycle. TSI is in a positive cycle and positive slope.
Russell 2000 touched new high at 1524.18 and closed at 1519.164 with a bullish marubozu candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 31.25. BuySellTimer is in positive cycle. TSI is in a positive cycle and positive slope.
Nasdaq 100 touched all-time high of 6410.77 and closed at 6409.2867 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 108.89. BuySellTimer is in its positive cycle. TSI is in a positive cycle and positive slope.
S&P 500 touched new all-time high at 2604.21 and closed at 2602.42 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 25.97. BuySellTimer is in its positive cycle. TSI is in a positive cycle and positive slope.
Metals and Commodities (Weekly charts)
WTI Crude oil futures (CL) closed at $58.97 per barrel with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 3.30. BuySellTimer is in a positive cycle. TSI is in a positive cycle and positive slope.
Gold futures (GC) closed at 1288.0 with a bearish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 21. BuySellTimer is in a positive cycle. TSI is in a positive cycle and positive slope.
Agriculture (DBA) ETF closed at 19.14 with a bullish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 0.33. BuySellTimer is in a negative cycle. TSI is in a negative cycle and positive slope.
Commodities (DBC) ETF closed at 16.44 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 0.35. BuySellTimer is in its positive cycle. TSI is in a positive cycle and positive slope.
Bonds (Weekly charts)
Bond futures (/ZB) closed at 154’10 with a small bullish candle above its 8 EMA , 21 EMA and 50 SMA. Weekly trading range was 1.22. BuySellTimer is in its positive cycle. TSI is in its negative cycle and negative slope.
High Yield bond ETF (HYG) closed at 87.87 with a bullish candle below its 8 EMA, 21 EMA and on its 50 SMA. Weekly trading range was 0.49. BuySellTimer is in a negative cycle. TSI is in a positive cycle and negative slope.
Currencies (Weekly charts)
The dollar index ($DXY) closed at 92.756 with a bearish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 1.49. TSI is in a negative cycle and negative slope.
EUR/USD closed at 1.1933 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 0.0231. TSI is in a positive cycle and positive slope.
USD/JPY closed at 111.53 with a bearish candle below its 8 EMA and above its 21 EMA and 50 SMA. Weekly trading range was 1.65. TSI is in a positive 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, XLY, XLP, XLB, XLU, XLE and XLI respectively.
On a 3-monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLK, XLF, XLE, XLB and XLY respectively.
Market Internals
Market Sentiment is positive. Market Breadth continues to slope upwards. Volumetric Acc/Dis is sloping upwards. SKEW is at 130.98. Vix is at 9.67 and Vix futures is at 11.425.
The Week Ahead
Market internals are showing strength. Vix and Vix futures indicates no immediate and near term fear. Skew is normal. This is typically a bullish month.
Penny Stocks Buy watchlist
BW, CERS, CLD, CNIT, DNR, EKSO, ENPH, GAPFF, GLNNF, ISIG, LLNW, OBE, OCRX, ONCS and SPCB.
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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24 November 2017 – And the Bull charges on
Indices (Weekly chart)
Dow Transportation closed at 9620.20 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 200.15. BuySellTimer is in its negative cycle. TSI is in a positive cycle and positive slope.
Dow Industrial touched new all-time high at 23617.8 and closed at 23557.99 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 257.22. BuySellTimer is in positive cycle. TSI is in a positive cycle and positive slope.
Russell 2000 touched new high at 1524.18 and closed at 1519.164 with a bullish marubozu candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 31.25. BuySellTimer is in positive cycle. TSI is in a positive cycle and positive slope.
Nasdaq 100 touched all-time high of 6410.77 and closed at 6409.2867 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 108.89. BuySellTimer is in its positive cycle. TSI is in a positive cycle and positive slope.
S&P 500 touched new all-time high at 2604.21 and closed at 2602.42 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 25.97. BuySellTimer is in its positive cycle. TSI is in a positive cycle and positive slope.
Metals and Commodities (Weekly charts)
WTI Crude oil futures (CL) closed at $58.97 per barrel with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 3.30. BuySellTimer is in a positive cycle. TSI is in a positive cycle and positive slope.
Gold futures (GC) closed at 1288.0 with a bearish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 21. BuySellTimer is in a positive cycle. TSI is in a positive cycle and positive slope.
Agriculture (DBA) ETF closed at 19.14 with a bullish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 0.33. BuySellTimer is in a negative cycle. TSI is in a negative cycle and positive slope.
Commodities (DBC) ETF closed at 16.44 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 0.35. BuySellTimer is in its positive cycle. TSI is in a positive cycle and positive slope.
Bonds (Weekly charts)
Bond futures (/ZB) closed at 154’10 with a small bullish candle above its 8 EMA , 21 EMA and 50 SMA. Weekly trading range was 1.22. BuySellTimer is in its positive cycle. TSI is in its negative cycle and negative slope.
High Yield bond ETF (HYG) closed at 87.87 with a bullish candle below its 8 EMA, 21 EMA and on its 50 SMA. Weekly trading range was 0.49. BuySellTimer is in a negative cycle. TSI is in a positive cycle and negative slope.
Currencies (Weekly charts)
The dollar index ($DXY) closed at 92.756 with a bearish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 1.49. TSI is in a negative cycle and negative slope.
EUR/USD closed at 1.1933 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 0.0231. TSI is in a positive cycle and positive slope.
USD/JPY closed at 111.53 with a bearish candle below its 8 EMA and above its 21 EMA and 50 SMA. Weekly trading range was 1.65. TSI is in a positive 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, XLY, XLP, XLB, XLU, XLE and XLI respectively.
On a 3-monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLK, XLF, XLE, XLB and XLY respectively.
Market Internals
Market Sentiment is positive. Market Breadth continues to slope upwards. Volumetric Acc/Dis is sloping upwards. SKEW is at 130.98. Vix is at 9.67 and Vix futures is at 11.425.
The Week Ahead
Market internals are showing strength. Vix and Vix futures indicates no immediate and near term fear. Skew is normal. This is typically a bullish month.
Penny Stocks Buy watchlist
BW, CERS, CLD, CNIT, DNR, EKSO, ENPH, GAPFF, GLNNF, ISIG, LLNW, OBE, OCRX, ONCS and SPCB.
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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