Summary (The Week Ahead) $DJT – UpTrend and upward momentum. /YM – UpTrend and upward momentum. /RTY – UpTrend and upward momentum. /NQ – DownTrend with downward momentum and in a preliminary Squeeze. /ES – DownTrend with downward momentum.
The indices is losing momentum upwards. It is pulling back slightly.
/CL – UpTrend and upward momentum. /GC – DownTrend and downward momentum and in a preliminary Squeeze. /ZB – DownTrend and downward momentum. HYG – DownTrend with downward momentum and in a preliminary Squeeze. DBC – UpTrend with upward momentum.
Junk bond (HYG) has pulled back but DBC continued on its UpTrend. Caution is needed in this market.
$DXY – DownTrend with downward momentum and in a preliminary Squeeze. EUR/USD – UpTrend with upward momentum and in a preliminary Squeeze. USD/JPY – UpTrend with upward momentum and in a preliminary Squeeze.
Market Internals Market Sentiment – Extremely Bullish. Put/Call ratio – 0.604. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping downwards and showing distribution. Skew – 142.07. Vix – 28.89.
Market internals are giving mixed signal and is indicating a volatile market pulling back.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLF, XLI, /ES, SPY, SPX, XLB, XLV, XLK, XLY, XLP and XLU.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLB, XLY, XLK, XLF, XLI, SPY, /ES, SPX, XLV, XLP and XLU.
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.
25 February 2021 – A pullback after the surge.
Summary (The Week Ahead)
$DJT – UpTrend and upward momentum. /YM – UpTrend and upward momentum. /RTY – UpTrend and upward momentum. /NQ – DownTrend with downward momentum and in a preliminary Squeeze. /ES – DownTrend with downward momentum.
The indices is losing momentum upwards. It is pulling back slightly.
/CL – UpTrend and upward momentum. /GC – DownTrend and downward momentum and in a preliminary Squeeze. /ZB – DownTrend and downward momentum. HYG – DownTrend with downward momentum and in a preliminary Squeeze. DBC – UpTrend with upward momentum.
Junk bond (HYG) has pulled back but DBC continued on its UpTrend. Caution is needed in this market.
$DXY – DownTrend with downward momentum and in a preliminary Squeeze. EUR/USD – UpTrend with upward momentum and in a preliminary Squeeze. USD/JPY – UpTrend with upward momentum and in a preliminary Squeeze.
Market Internals
Market Sentiment – Extremely Bullish. Put/Call ratio – 0.604. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping downwards and showing distribution. Skew – 142.07. Vix – 28.89.
Market internals are giving mixed signal and is indicating a volatile market pulling back.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLF, XLI, /ES, SPY, SPX, XLB, XLV, XLK, XLY, XLP and XLU.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLB, XLY, XLK, XLF, XLI, SPY, /ES, SPX, XLV, XLP and XLU.
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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