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.

2 January 2020 – All Time Record High to start 2020

Indices
Dow Transportation gapped up and closed at 10994.31 with a bullish hammer candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range is 112.89. Fractal Chaos Band – closed above 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 – Weak Upward. RSI – 60.5.

Dow Industrial gapped up and closed at 28868.80 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 334.36. Fractal Chaos Band – closed above 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 – Weak Upward. RSI – 71.9.

Russell 2000 gapped up and closed at 1666.7716 with a bearish candle on its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range – 24.615. Fractal Chaos Band – closed within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and falling. Market direction – Strong UpTrend. Momentum – Strong Downward. RSI – 64.5.

Nasdaq 100 gapped up and closed at 8872.2188 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 140.56. Fractal Chaos Band – closed above 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 – Weak Upward. RSI – 78.1.

S&P 500 (SPX) gapped up and closed at 3257.85 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 27.36. Fractal Chaos Band – closed above 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 – Weak Upward. RSI – 75.4.

Metals and Commodities
WTI Crude oil futures (CL) closed at $61.18 per barrel with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 0.96. Fractal Chaos Band – closed within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and flat. Short Cycle Wave – positive and flat. Market direction – Strong UpTrend. Momentum – Neutral. RSI – 66.6.

Gold (/GC) closed at 1531.6 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 14.3. Fractal Chaos Band – closed above its FCB. Long Cycle Wave – positive and rising slope. Medium Cycle Wave – positive and rising slope. Short Cycle Wave – positive and rising slope. Market direction – Strong UpTrend. Momentum – Strong Upward. RSI – 77.2.

Commodities (DBC) ETF closed at 15.97 with a doji candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range – 0.09. Fractal Chaos Band – closed within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and falling. Market direction – Weak UpTrend. Momentum – Strong Downward. RSI – 56.7.

Bonds
Bond futures (/ZB) closed at 156’21 with a bullish candle below its 8 EMA, 50 SMA and above its 21 EMA, 200 SMA. Daily trading range – 1.9687. Fractal Chaos Band – closed within its FCB. Long Cycle Wave – negative and rising. Medium Cycle Wave – negative and rising. Short Cycle Wave – positive and rising. Market direction – Strong DownTrend. Momentum – Strong Upward. RSI – 48.5.

High Yield bond ETF (HYG) gapped up and closed at 88.31 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 0.38. Fractal Chaos Band – closed above 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 – 69.3.

Currency
The dollar index ($DXY) closed at 96.799 with a bullish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 0.448. 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 – 37.


EUR/USD closed at 1.1170 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 0.006. 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 – Strong Upward. RSI – 59.6.

USD/JPY closed at 108.54 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 0.653. Fractal Chaos Band – closed below its FCB lowerband. 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 – 32.8.

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

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

Market Internals
Market Sentiment – Extremely Bullish. Market Breadth – sloping upward showing more gainers than losers. Volume Acc/Dis – sloping upward and showing accumulation. Skew – 137.70. Vix – 12.47 and Vix Futures – 15.15.   

The Week Ahead 
Skew is normal. Vix is below 13 and Vix futures is below 16. Market Internals continue to show strength and market sentiment is showing extreme bullishness. The indices is trending upwards. US Treasury bond futures are showing signs of buying pressure. The prognosis is for the market to be volatile and the bond market futures could be a warning that funds are putting money into bonds as a precautions.

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>