Bursa KLCI

Z5 Fri, 24 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Thur, 23 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Wed, 22 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Tue, 21 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Mon, 20 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Fri, 17 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Thur, 16 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Wed, 15 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Tue, 14 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Bursa Mon, 13 May 2024

BUrsa Daily
Bursa - Top 5 stocks for today.

Z5 Fri, 10 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Thur, 9 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Wed, 8 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Tue, 7 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Mon, 6 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Fri 3 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Thur, 2 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Wed, 1 May 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Tues, 30 April 2024

Z5 Daily
Z5 - Top 5 stocks for today.

Z5 Mon, 29 April 2024

Z5 Daily
Z5 - Top 5 stocks for today.

11 November 2019 – Singles Day, Veteran Day

Indices
Dow Transportation closed at 11029.55 with a small candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range is 105.95. Fractal Chaos Band – closed within its FCB. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and falling. Short Cycle Wave – positive and falling. Market direction – Strong UpTrend. Momentum – Neutral. RSI – 63.5.

Dow Industrial closed at 27691.49 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range – 196.72. Fractal Chaos Band – closed within its FCB upperband. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and rising. Short Cycle Wave – positive and rising. Market direction – Strong UpTrend. Momentum – Strong Upward. RSI – 69.4.

Russell 2000 closed at 1594.7702 with a small candle above its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range – 10.555. Fractal Chaos Band – closed within its FCB upperband. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and falling. Short Cycle Wave – positive and falling. Market direction – Strong UpTrend. Momentum – Neutral. RSI – 63.9.

Nasdaq 100 closed at 8241.9118 with a small bullish candle above its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range – 53.525. Fractal Chaos Band – closed within its FCB. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and falling. Short Cycle Wave – positive and rising. Market direction – Strong UpTrend. Momentum – Weak Upward. RSI – 67.8.

S&P 500 (SPX) closed at 3087.01 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 17.26. Fractal Chaos Band – closed above its FCB. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and falling. Short Cycle Wave – positive and rising. Market direction – Strong UpTrend. Momentum – Weak Upward. RSI – 67.8.

Metals and Commodities
WTI Crude oil futures (CL) closed at $56.9 per barrel with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and below its 200 SMA. Daily trading range – 1.19. Fractal Chaos Band – closed within its FCB. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and rising. Short Cycle Wave – positive and rising. Market direction – Strong UpTrend. Momentum – Neutral. RSI – 54.8.

Gold (/GC) closed at 1456.7 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range – 18.5. Fractal Chaos Band – below its FCB lowerband. Long Cycle Wave – negative and falling slope. Medium Cycle Wave – negative and falling slope. Short Cycle Wave – negative and falling slope. Market direction – Strong DownTend. Momentum – Strong Downward. RSI – 35.3.

Commodities (DBC) ETF closed at 15.51 with a bullish candle below its 8 EMA, 200 SMA and above its 21 EMA, 50 SMA. Daily trading range – 0.11. Fractal Chaos Band – closed within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – positive and falling. Market direction – Neutral. Momentum – Weak Downward. RSI – 53.8.

Bonds
Bond futures (/ZB) closed at 156’21 with a bullish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range – 0.7812. Fractal Chaos Band – closed within its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 36.1.

High Yield bond ETF (HYG) closed at 86.80 with a bullish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range – 0.24. Fractal Chaos Band – closed within its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 45.3.

Currency
The dollar index ($DXY) closed at 98.215 with a bearish candle above its 8 EMA, 21 EMA, 200 SMA and below its 50 SMA. Daily trading range – 0.274. Fractal Chaos Band – closed above its FCB upperband. Long Cycle Wave – negative and rising. Medium Cycle Wave – positive and rising. Short Cycle Wave – positive and rising. Market direction – Strong UpTrend. Momentum – Strong Upward. RSI – 55.


EUR/USD closed at 1.1031 with a small bullish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 0.0026. Fractal Chaos Band – closed below its FCB lowerband. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 42.8.

USD/JPY closed at 109.03 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 0.356. Fractal Chaos Band – closed within its FCB. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and rising. Short Cycle Wave – positive and rising. Market direction – Strong UpTrend. Momentum – Strong Upward. RSI – 59.3.

Relative Strength – Sectors On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLK, XLB, XLI, SPX, SPY, /ES, XLF, XLV, XLY, XLE, XLP and XLU.

On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLK, XLB, SPX, SPY, XLI, /ES, XLF, XLV, XLP, XLY, XLU and XLE.  

Market Internals
Market Sentiment – Rather Bullish. Market Breadth – sloping downward showing more losers than gainers. Volume Acc/Dis – sloping upwards and showing accumulation. Skew – 123.85. Vix – 12.69 and Vix Futures – 14.29.   

The Week Ahead 
The market continues to trade without direction. It was Single’s Day in China with record sales. Market is trading sideways. Market internals still show some strength. Skew is normal. Vix is below 13 and Vix Futures is below 15. The prognosis is that there is still a positive market bias.

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.


Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>