Summary (Weekly Chart) $DJT – UpTrend with decelerating upward momentum. /YM – UpTrend with accelerating upward momentum. /RTY – DownTrend with accelerating downward momentum. /NQ – Sideward Trend with decelerating upward momentum. /ES – UpTrend with decelerating upward momentum.
The indices had a negative week.
/CL – UpTrend with accelerating upward momentum. /GC – Sideward Trend with accelerating upward momentum and in a Squeeze. /ZB – DownTrend with accelerating downward momentum and in a Squeeze. HYG – Sideward Trend with accelerating downward momentum. DBC – UpTrend with decelerating upward momentum.
Summary (Daily Chart) $DJT – Sideward Trend with accelerating upward momentum. /YM – Sideward Trend with decelerating upward momentum. /RTY – Sideward Trend with accelerating downward momentum. /NQ – DownTrend with accelerating downward momentum. /ES – UpTrend with accelerating upward momentum.
$DXY – Sideward Trend with decelerating upward momentum. EUR/USD – Sideward Trend with sideward momentum. USD/JPY – UpTrend with accelerating upward momentum.
US Dollar is in a sideward Trend.
Squeezes (DailyChart) Tight Squeezes (The Week Ahead) EUR/USD
Squeezes (The Week Ahead) $DXY, /GC, /RTY, /SI, AUD/NZD, NZD/USD
Preliminary Squeezes (The Week Ahead) $DJT, /NQ
Market Internals (Daily Chart) Market Sentiment – Neutral. Put/Call ratio – 1.405. Market Breadth – sloping downwards but above threshold showing more gainers than losers. Volume Acc/Dis – sloping downward and showing distribution. Vix – 18.76.
Market Internals are giving mixed signals.
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLF, XLP, XLI, XLU, XLB, XLK, XLV and XLY.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLF, XLP, XLI, XLU, XLB, XLK, XLV and XLY.
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.
7 January 2022 – Market is heading South
Summary (Weekly Chart)
$DJT – UpTrend with decelerating upward momentum. /YM – UpTrend with accelerating upward momentum. /RTY – DownTrend with accelerating downward momentum. /NQ – Sideward Trend with decelerating upward momentum. /ES – UpTrend with decelerating upward momentum.
The indices had a negative week.
/CL – UpTrend with accelerating upward momentum. /GC – Sideward Trend with accelerating upward momentum and in a Squeeze. /ZB – DownTrend with accelerating downward momentum and in a Squeeze. HYG – Sideward Trend with accelerating downward momentum. DBC – UpTrend with decelerating upward momentum.
Summary (Daily Chart)
$DJT – Sideward Trend with accelerating upward momentum. /YM – Sideward Trend with decelerating upward momentum. /RTY – Sideward Trend with accelerating downward momentum. /NQ – DownTrend with accelerating downward momentum. /ES – UpTrend with accelerating upward momentum.
$DXY – Sideward Trend with decelerating upward momentum. EUR/USD – Sideward Trend with sideward momentum. USD/JPY – UpTrend with accelerating upward momentum.
US Dollar is in a sideward Trend.
Squeezes (DailyChart)
Tight Squeezes (The Week Ahead)
EUR/USD
Squeezes (The Week Ahead)
$DXY, /GC, /RTY, /SI, AUD/NZD, NZD/USD
Preliminary Squeezes (The Week Ahead)
$DJT, /NQ
Market Internals (Daily Chart)
Market Sentiment – Neutral. Put/Call ratio – 1.405. Market Breadth – sloping downwards but above threshold showing more gainers than losers. Volume Acc/Dis – sloping downward and showing distribution. Vix – 18.76.
Market Internals are giving mixed signals.
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLF, XLP, XLI, XLU, XLB, XLK, XLV and XLY.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLF, XLP, XLI, XLU, XLB, XLK, XLV and XLY.
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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