Summary (The Week Ahead) $DJT – UpTrend and upward momentum. /YM – UpTrend and upward momentum and in a preliminary Squeeze. /RTY – UpTrend and upward momentum. /NQ – UpTrend with upward momentum and in a Squeeze. /ES – UpTrend with upward momentum and in a preliminary Squeeze.
The indices are now sideways. With the recent new all-time highs, it is likely that they are resting and building up energy for the next push upwards.
/CL – UpTrend and upward momentum. /GC – DownTrend and Downward momentum. /ZB – DownTrend and downward momentum. HYG – UpTrend with upward momentum and in a preliminary Squeeze. DBC – UpTrend with upward momentum.
Junk bond (HYG) and DBC continued its UpTrend with upward momentum. That is a good sign that the market is still in an UpTrend.
$DXY – UpTrend with upward momentum and in a Squeeze. EUR/USD – DownTrend with downward momentum and in a Squeeze. USD/JPY – UpTrend with upward momentum and in a Squeeze.
Market Internals Market Sentiment – Extremely Bullish. Put/Call ratio – 0.496. Market Breadth – sloping upwards showing more gainers than losers. Volume Acc/Dis – sloping upwards and showing accumulation. Skew – 139.93. Vix – 22.21.
Market internals are giving Bullish signals. UpTrend remains intact and the overall market sentiment remains bullish.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are /ES, XLF, SPX, SPY, XLY, XLE, XLI, XLV, XLB, XLK, XLP and XLU.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are /ES, XLY, SPX, SPY, XLF, XLI, XLK, XLV, XLB, XLP, XLU and XLE.
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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Summary (The Week Ahead)
$DJT – UpTrend and upward momentum. /YM – UpTrend and upward momentum and in a preliminary Squeeze. /RTY – UpTrend and upward momentum. /NQ – UpTrend with upward momentum and in a Squeeze. /ES – UpTrend with upward momentum and in a preliminary Squeeze.
The indices are now sideways. With the recent new all-time highs, it is likely that they are resting and building up energy for the next push upwards.
/CL – UpTrend and upward momentum. /GC – DownTrend and Downward momentum. /ZB – DownTrend and downward momentum. HYG – UpTrend with upward momentum and in a preliminary Squeeze. DBC – UpTrend with upward momentum.
Junk bond (HYG) and DBC continued its UpTrend with upward momentum. That is a good sign that the market is still in an UpTrend.
$DXY – UpTrend with upward momentum and in a Squeeze. EUR/USD – DownTrend with downward momentum and in a Squeeze. USD/JPY – UpTrend with upward momentum and in a Squeeze.
Market Internals
Market Sentiment – Extremely Bullish. Put/Call ratio – 0.496. Market Breadth – sloping upwards showing more gainers than losers. Volume Acc/Dis – sloping upwards and showing accumulation. Skew – 139.93. Vix – 22.21.
Market internals are giving Bullish signals. UpTrend remains intact and the overall market sentiment remains bullish.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are /ES, XLF, SPX, SPY, XLY, XLE, XLI, XLV, XLB, XLK, XLP and XLU.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are /ES, XLY, SPX, SPY, XLF, XLI, XLK, XLV, XLB, XLP, XLU and XLE.
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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