Summary (The Week Ahead) $DJT – DownTrend and decelerating upward momentum. /YM – Sideward Trend and decelerating upward momentum. /RTY –DownTrend and decelerating upward momentum. /NQ – Sideward Trend and decelerating upward momentum. /ES – Sideward Trend with decelerating upward momentum.
The indices are pulling back and turning downwards. Transportation and the Russell 2000 have turned downwards.
/CL – DownTrend and decelerating upward momentum. /GC – Sideward Trend and decelerating upward momentum. /ZB – DownTrend and accelerating downward momentum. HYG – DownTrend with accelerating downward momentum. DBC – UpTrend with decelerating upward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) $DXY, /GC, /SI, EUR/USD
Preliminary Squeezes /CL, HYG
Market Internals
Market Internals Market Sentiment – Bearish. Put/Call ratio – 1.192. Market Breadth – sloping upwards showing more gainers than losers. Volume Acc/Dis – sloping upwards showing accumulation. Vix – 22.1.
Market internals are bullish.
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 XLU, XLP, XLV, XLE, XLB, XLK, XLY, XLI, XLC and XLF.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLU, XLP, XLE, XLV, XLB, XLK, XLI, XLF, 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.
6 April 2022 – A big Selloff
Summary (The Week Ahead)
$DJT – DownTrend and decelerating upward momentum. /YM – Sideward Trend and decelerating upward momentum. /RTY –DownTrend and decelerating upward momentum. /NQ – Sideward Trend and decelerating upward momentum. /ES – Sideward Trend with decelerating upward momentum.
The indices are pulling back and turning downwards. Transportation and the Russell 2000 have turned downwards.
/CL – DownTrend and decelerating upward momentum. /GC – Sideward Trend and decelerating upward momentum. /ZB – DownTrend and accelerating downward momentum. HYG – DownTrend with accelerating downward momentum. DBC – UpTrend with decelerating upward momentum.
Daily Tight Squeezes (The Week Ahead)
–
Daily Squeezes (The Week Ahead)
$DXY, /GC, /SI, EUR/USD
Preliminary Squeezes
/CL, HYG
Market Internals
Market Sentiment – Bearish. Put/Call ratio – 1.192. Market Breadth – sloping upwards showing more gainers than losers. Volume Acc/Dis – sloping upwards showing accumulation. Vix – 22.1.
Market internals are bullish.
Relative Strength – Sectors
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLU, XLP, XLV, XLE, XLB, XLK, XLY, XLI, XLC and XLF.
On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLU, XLP, XLE, XLV, XLB, XLK, XLI, XLF, 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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