Summary (Daily Chart) $DJT – UpTrend with sideward momentum. Trapped between its 55 SMA below and 233 SMA above. /YM – UpTrend with upward momentum. Trapped between its 55 SMA below and 233 SMA above. /RTY – UpTrend with upward momentum. Trapped between its 55 SMA below and 233 SMA above. /NQ – UpTrend with upward momentum. Trapped between its 55 SMA below and 233 SMA above. /ES – UpTrend with upward momentum. Trapped between its 55 SMA below and 233 SMA above.
$DXY – Sideward Trend with sideward 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) $DXY, /CL
Market Internals
Market Internals (Daily Chart) Market Sentiment – Bearish. Put/Call ratio – 1.257. Market Breadth – below the signal line showing more losers than gainers. Volume Acc/Dis – below the signal line showing distribution. Vix – 23.87.
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, XLK, XLP 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.
12 September 2022 – Rally continues
Summary (Daily Chart)
$DJT – UpTrend with sideward momentum. Trapped between its 55 SMA below and 233 SMA above.
/YM – UpTrend with upward momentum. Trapped between its 55 SMA below and 233 SMA above.
/RTY – UpTrend with upward momentum. Trapped between its 55 SMA below and 233 SMA above.
/NQ – UpTrend with upward momentum. Trapped between its 55 SMA below and 233 SMA above.
/ES – UpTrend with upward momentum. Trapped between its 55 SMA below and 233 SMA above.
$DXY – Sideward Trend with sideward 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)
$DXY, /CL
Market Internals (Daily Chart)
Market Sentiment – Bearish. Put/Call ratio – 1.257. Market Breadth – below the signal line showing more losers than gainers. Volume Acc/Dis – below the signal line showing distribution. Vix – 23.87.
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, XLK, XLP 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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