Summary (Weekly Chart) $DJT – DownTrend with decelerating upward momentum. /YM – DownTrend with decelerating upward momentum. /RTY – DownTrend with accelerating downward momentum. /NQ – Sideward Trend with decelerating upward momentum. /ES – Sideward Trend with decelerating upward momentum.
The indices could be transitioning downward.
/CL – UpTrend with accelerating upward momentum. /GC – UpTrend with accelerating upward momentum. /ZB – DownTrend with accelerating downward momentum and in a preliminary Squeeze. HYG – DownTrend with accelerating downward momentum. DBC – UpTrend with accelerating upward momentum.
Summary (Daily Chart) $DJT – Sideward trend with decelerating downward momentum. /YM – Sideward Trend with decelerating downward momentum. /RTY – DownTrend with decelerating downward momentum. /NQ – DownTrend with decelerating downward momentum. /ES – Sideward Trend with decelerating downward momentum.
$DXY – DownTrend with accelerating downward momentum. EUR/USD – UpTrend with accelerating upward momentum. USD/JPY – UpTrend with accelerating upward momentum.
US Dollar is range trading.
Tight Squeezes
Squeezes (Daily) /ZB, /ZN, USD/JPY
Preliminary Squeezes (Daily) /GC
Market Internals (Daily Chart) Market Sentiment – Neutral. Put/Call ratio – 1.312. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping downward and showing distribution. Vix – 23.22.
Market Internals are signaling bearishness.
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLP, XLF, XLU, XLK, XLV, XLY, XLI and XLB.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLP, XLF, XLU, XLV, XLK, XLY, XLB and XLI.
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.
4 February 2022 – Weekly Review
Summary (Weekly Chart)
$DJT – DownTrend with decelerating upward momentum. /YM – DownTrend with decelerating upward momentum. /RTY – DownTrend with accelerating downward momentum. /NQ – Sideward Trend with decelerating upward momentum. /ES – Sideward Trend with decelerating upward momentum.
The indices could be transitioning downward.
/CL – UpTrend with accelerating upward momentum. /GC – UpTrend with accelerating upward momentum. /ZB – DownTrend with accelerating downward momentum and in a preliminary Squeeze. HYG – DownTrend with accelerating downward momentum. DBC – UpTrend with accelerating upward momentum.
Summary (Daily Chart)
$DJT – Sideward trend with decelerating downward momentum. /YM – Sideward Trend with decelerating downward momentum. /RTY – DownTrend with decelerating downward momentum. /NQ – DownTrend with decelerating downward momentum. /ES – Sideward Trend with decelerating downward momentum.
$DXY – DownTrend with accelerating downward momentum. EUR/USD – UpTrend with accelerating upward momentum. USD/JPY – UpTrend with accelerating upward momentum.
US Dollar is range trading.
Tight Squeezes
Squeezes (Daily)
/ZB, /ZN, USD/JPY
Preliminary Squeezes (Daily)
/GC
Market Internals (Daily Chart)
Market Sentiment – Neutral. Put/Call ratio – 1.312. Market Breadth – sloping downwards showing more losers than gainers. Volume Acc/Dis – sloping downward and showing distribution. Vix – 23.22.
Market Internals are signaling bearishness.
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLP, XLF, XLU, XLK, XLV, XLY, XLI and XLB.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLP, XLF, XLU, XLV, XLK, XLY, XLB and XLI.
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.
Share this:
Related