Summary (The Week Ahead) $DJT – Sideward Trend and decelerating downward momentum. /YM – DownTrend and decelerating downward momentum. /RTY – DownTrend and decelerating downward momentum. /NQ – DownTrend and accelerating downward momentum. /ES – DownTrend with accelerating downward momentum.
The indices are trending downwards.
/CL – UpTrend and decelerating upward momentum. /GC – UpTrend and accelerating upward momentum. /ZB – DownTrend and decelerating upward momentum. HYG – DownTrend with accelerating downward momentum. DBC – UpTrend with decelerating upward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) $DJT, /ES, /RTY, AUD/NZD, USD/JPY
Preliminary Squeezes /NQ, /YM, /ZN, HYG, NDX, SPX
Market Internals
Market Internals Market Sentiment – Bearish. Put/Call ratio – 1.176. Market Breadth – sloping upwards showing more gainers than losers. Volume Acc/Dis – sloping upwards showing accumulation. Vix – 30.23.
Market internals is neutral.
Relative Strength – Sectors
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 XLE, XLU, XLI, XLV, XLB, XLF, XLY, XLK, XLC and XLP.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLU, XLV, XLP, XLI, XLK, XLF, XLB, XLY and XLC.
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.
10 March 2022 – Indices bottoming?
Summary (The Week Ahead)
$DJT – Sideward Trend and decelerating downward momentum. /YM – DownTrend and decelerating downward momentum. /RTY – DownTrend and decelerating downward momentum. /NQ – DownTrend and accelerating downward momentum. /ES – DownTrend with accelerating downward momentum.
The indices are trending downwards.
/CL – UpTrend and decelerating upward momentum. /GC – UpTrend and accelerating upward momentum. /ZB – DownTrend and decelerating upward momentum. HYG – DownTrend with accelerating downward momentum. DBC – UpTrend with decelerating upward momentum.
Daily Tight Squeezes (The Week Ahead)
–
Daily Squeezes (The Week Ahead)
$DJT, /ES, /RTY, AUD/NZD, USD/JPY
Preliminary Squeezes
/NQ, /YM, /ZN, HYG, NDX, SPX
Market Internals
Market Sentiment – Bearish. Put/Call ratio – 1.176. Market Breadth – sloping upwards showing more gainers than losers. Volume Acc/Dis – sloping upwards showing accumulation. Vix – 30.23.
Market internals is neutral.
Relative Strength – Sectors
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLU, XLI, XLV, XLB, XLF, XLY, XLK, XLC and XLP.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLE, XLU, XLV, XLP, XLI, XLK, XLF, XLB, XLY and XLC.
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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