Summary (The Week Ahead) $DJT – Sideward Trend and decelerating upward momentum. /YM – UpTrend and accelerating upward momentum. /RTY – DownTrend and decelerating downward momentum. /NQ – UpTrend and accelerating upward momentum and in a Squeeze. /ES – UpTrend with accelerating upward momentum and in a preliminary Squeeze.
The indices are signaling bullishness again.
/CL – DownTrend and decelerating downward momentum. /GC – DownTrend and accelerating downward momentum. /ZB – UpTrend and decelerating upward momentum. HYG – UpTrend with decelerating downward momentum. DBC – DownTrend with decelerating downward momentum.
Daily Squeezes (The Week Ahead) /NQ, /ZB, /ZN, NDX, /GC
Daily Preliminary Squeezes (The Week Ahead) EUR/USD
Daily Squeezes (The Week Ahead) /NQ, /ZB, /ZN, NDX, /GC
Ranking the Strength of the S&P 500 ETFs over 12 month period
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLK, XLU, XLP, XLV, XLB, XLE, XLY, XLI and XLF.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLK, XLP, XLB, XLU, XLI, XLE, XLV, XLY and XLF.
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.
8 December 2021 – A pause on the way up?
Summary (The Week Ahead)
$DJT – Sideward Trend and decelerating upward momentum. /YM – UpTrend and accelerating upward momentum. /RTY – DownTrend and decelerating downward momentum. /NQ – UpTrend and accelerating upward momentum and in a Squeeze. /ES – UpTrend with accelerating upward momentum and in a preliminary Squeeze.
The indices are signaling bullishness again.
/CL – DownTrend and decelerating downward momentum. /GC – DownTrend and accelerating downward momentum. /ZB – UpTrend and decelerating upward momentum. HYG – UpTrend with decelerating downward momentum. DBC – DownTrend with decelerating downward momentum.
Daily Squeezes (The Week Ahead)
/NQ, /ZB, /ZN, NDX, /GC
Daily Preliminary Squeezes (The Week Ahead)
EUR/USD
Daily Squeezes (The Week Ahead)
/NQ, /ZB, /ZN, NDX, /GC
Market Internals
Market Sentiment – Extremely Bullish. Put/Call ratio – 0.627. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping upwards showing accumulation. Vix – 19.9.
Market internals are showing bullishness.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLK, XLU, XLP, XLV, XLB, XLE, XLY, XLI and XLF.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLK, XLP, XLB, XLU, XLI, XLE, XLV, XLY and XLF.
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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