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 XLV, XLK, XLB, XLP, XLU, XLY, XLI, XLF and XLE.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLV, XLK, XLB, XLP, XLU, XLI, XLF, XLY, 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.
23 December 2021 – A Rally into Christmas!
Summary (The Week Ahead)
$DJT – Sideward Trend and accelerating downward momentum. /YM – UpTrend and accelerating upward momentum. /RTY – UpTrend and decelerating downward momentum. /NQ – UpTrend and accelerating upward momentum. /ES – UpTrend with accelerating upward momentum.
The indices are giving bullish signals now. The Christmas rally is underway.
/CL – UpTrend and decelerating downward momentum. /GC – UpTrend and accelerating upward momentum. /ZB – DownTrend and decelerating upward momentum. HYG – UpTrend with decelerating downward momentum. DBC – UpTrend with decelerating downward momentum.
Daily Tight Squeezes (The Week Ahead)
$DXY, /ZN, EUR/USD
Daily Squeezes (The Week Ahead)
$DJT, /CL, /ES, /GC, /NQ, /RTY, /SI, /ZB, NDX, NZD/USD, SPX, USD/JPY
Daily Preliminary Squeezes (The Week Ahead)
/YM, DBC
Market Internals
Market Sentiment – Extremely Bullish. Put/Call ratio – 0.569. Market Breadth – sloping upwards showing more gainers than losers. Volume Acc/Dis – sloping upwards showing accumulation. Vix – 17.96.
Market internals has a bullish bias.
Relative Strength – Sectors.
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLV, XLK, XLB, XLP, XLU, XLY, XLI, XLF and XLE.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLV, XLK, XLB, XLP, XLU, XLI, XLF, XLY, 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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