Summary (3-Day Chart) $DJT – DownTrend with downward momentum. Trapped between its 55 SMA and ATR Trailing SL. /YM – DownTrend with downward momentum. Trapped between its 55 SMA and 233 SMA. /RTY – DownTrend with downward momentum. Trapped between its 55 SMA and ATR Trailing SL. /NQ – DownTrend with downward momentum. /ES – DownTrend with downward momentum.
/CL – DownTrend with downward momentum. /GC – DownTrend with downward momentum. /ZB – DownTrend with downward momentum. HYG – DownTrend with downward momentum. Trapped between its 55 SMA and ATR Trailing SL. DBC – DownTrend with downward momentum. Still above its 89 SMA, 144 SMA and 233 SMA.
Summary (Daily Chart) $DJT – SidewardTrend with downward momentum. /YM – Sideward Trend with downward momentum. /RTY – Sideward Trend with downward momentum. Trapped between its 233 SMA above and 55 SMA below. /NQ – Sideward Trend with downward momentum. Trapped between its 55 SMA and ATR Trailing SL. /ES – Sideward Trend with downward momentum. Trapped between its 55 SMA and ATR Trailing SL.
$DXY – UpTrend with accelerating upward momentum. EUR/USD – Sideward Trend with upward momentum. USD/JPY – UpTrend with upward momentum.
US Dollar is in an uptrend.
Tight Squeezes –
Squeezes (Daily) EUR/USD
Preliminary Squeezes (Daily) /CL
Market Internals
Market Internals (Daily Chart) Market Sentiment – Bearish. Put/Call ratio – 1.247. Market Breadth – below the signal line showing more losers than gainers. Volume Acc/Dis – below the signal line showing distribution. Vix – 22.79.
Market Internals are signalling Bearishness.
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLU, XLE, XLY, XLF, XLB, XLI, XLV, XLP, XLK and XLC.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLU, XLE, XLV, XLI, XLP, XLY, XLB, XLF, XLK and XLC.
Table 1: Tabulation of the S&P 500 Sectors
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.
9 September 2022 – Weekly Review – A strong rally
Summary (3-Day Chart)
$DJT – DownTrend with downward momentum. Trapped between its 55 SMA and ATR Trailing SL.
/YM – DownTrend with downward momentum. Trapped between its 55 SMA and 233 SMA.
/RTY – DownTrend with downward momentum. Trapped between its 55 SMA and ATR Trailing SL.
/NQ – DownTrend with downward momentum.
/ES – DownTrend with downward momentum.
/CL – DownTrend with downward momentum.
/GC – DownTrend with downward momentum.
/ZB – DownTrend with downward momentum.
HYG – DownTrend with downward momentum. Trapped between its 55 SMA and ATR Trailing SL.
DBC – DownTrend with downward momentum. Still above its 89 SMA, 144 SMA and 233 SMA.
Summary (Daily Chart)
$DJT – Sideward Trend with downward momentum.
/YM – Sideward Trend with downward momentum.
/RTY – Sideward Trend with downward momentum. Trapped between its 233 SMA above and 55 SMA below.
/NQ – Sideward Trend with downward momentum. Trapped between its 55 SMA and ATR Trailing SL.
/ES – Sideward Trend with downward momentum. Trapped between its 55 SMA and ATR Trailing SL.
$DXY – UpTrend with accelerating upward momentum.
EUR/USD – Sideward Trend with upward momentum.
USD/JPY – UpTrend with upward momentum.
US Dollar is in an uptrend.
Tight Squeezes
–
Squeezes (Daily)
EUR/USD
Preliminary Squeezes (Daily)
/CL
Market Internals (Daily Chart)
Market Sentiment – Bearish. Put/Call ratio – 1.247. Market Breadth – below the signal line showing more losers than gainers. Volume Acc/Dis – below the signal line showing distribution. Vix – 22.79.
Market Internals are signalling Bearishness.
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLU, XLE, XLY, XLF, XLB, XLI, XLV, XLP, XLK and XLC.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLU, XLE, XLV, XLI, XLP, XLY, XLB, XLF, XLK 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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