7 October 2022 – Weekly Review – Interest Rates Rise and Down Week
Chart 1: Weekly chart of the S&P 500 sectors
Summary (3-Day Chart) $DJT – DownTrend with downward momentum. /YM – DownTrend with downward momentum. /RTY – DownTrend with downward momentum. /NQ – DownTrend with downward momentum. /ES – DownTrend with downward momentum.
/CL – DownTrend with downward momentum. /GC – DownTrend with upward momentum. /ZB – DownTrend with downward momentum. HYG – DownTrend with downward momentum. DBC – DownTrend with downward momentum.
Summary (Daily Chart) $DJT – DownTrend with downward momentum. /YM – DownTrend with downward momentum. /RTY – DownTrend with downward momentum. /NQ – DownTrend with downward momentum. /ES – DownTrend with neutral momentum.
/CL – UpTrend with Upward momentum. /GC – DownTrend with Upward momentum. /ZB – DownTrend with Downward momentum. HYG – DownTrend with Upward momentum. DBC – UpTrend with Upward momentum.
$DXY – UpTrend with Downward momentum. EUR/USD – DownTrend with Upward momentum. USD/JPY – UpTrend with Upward momentum.
US Dollar is in an uptrend.
Tight Squeezes USD/JPY
Squeezes (Daily) /BTC
Preliminary Squeezes (Daily) –
Market Internals
Market Internals (Daily Chart) Market Sentiment – Bearish. Put/Call ratio – 1.032 Market Breadth – below the signal line showing more losers than gainers. Volume Acc/Dis – below the signal line showing distribution. Vix – 31.36
Market Internals are signaling Bearishness.
Table 1: Tabulation of the S&P 500 Sectors
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLB, XLV, XLI, XLF, XLC, XLK, XLU, XLP and XLY.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLV, XLB, XLI, XLY, XLF, XLK, XLU, XLC and XLP.
1 minute day chart with QTiTTs
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.
Definitions Bullish bias – Candle Close is above 55 SMA and 8 EMA or 21 EMA and 8 EMA is above 21 EMA Bullish – Candle Close is above 8 EMA, 21 EMA, 55 SMA and 8 EMA is above 21 EMA Bearish bias – Candle Close is below 55 SMA and 8 EMA or 21 EMA and 8 EMA is below 21 EMA Bearish – Candle Close is below 8 EMA, 21 EMA, 55 SMA and 8 EMA is below 21 EMA
7 October 2022 – Weekly Review – Interest Rates Rise and Down Week
Summary (3-Day Chart)
$DJT – DownTrend with downward momentum.
/YM – DownTrend with downward momentum.
/RTY – DownTrend with downward momentum.
/NQ – DownTrend with downward momentum.
/ES – DownTrend with downward momentum.
/CL – DownTrend with downward momentum.
/GC – DownTrend with upward momentum.
/ZB – DownTrend with downward momentum.
HYG – DownTrend with downward momentum.
DBC – DownTrend with downward momentum.
Summary (Daily Chart)
$DJT – DownTrend with downward momentum.
/YM – DownTrend with downward momentum.
/RTY – DownTrend with downward momentum.
/NQ – DownTrend with downward momentum.
/ES – DownTrend with neutral momentum.
/CL – UpTrend with Upward momentum.
/GC – DownTrend with Upward momentum.
/ZB – DownTrend with Downward momentum.
HYG – DownTrend with Upward momentum.
DBC – UpTrend with Upward momentum.
$DXY – UpTrend with Downward momentum.
EUR/USD – DownTrend with Upward momentum.
USD/JPY – UpTrend with Upward momentum.
US Dollar is in an uptrend.
Tight Squeezes
USD/JPY
Squeezes (Daily)
/BTC
Preliminary Squeezes (Daily)
–
Market Internals (Daily Chart)
Market Sentiment – Bearish.
Put/Call ratio – 1.032
Market Breadth – below the signal line showing more losers than gainers.
Volume Acc/Dis – below the signal line showing distribution.
Vix – 31.36
Market Internals are signaling Bearishness.
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLB, XLV, XLI, XLF, XLC, XLK, XLU, XLP and XLY.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLE, XLV, XLB, XLI, XLY, XLF, XLK, XLU, XLC and XLP.
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.
Definitions
Bullish bias – Candle Close is above 55 SMA and 8 EMA or 21 EMA and 8 EMA is above 21 EMA
Bullish – Candle Close is above 8 EMA, 21 EMA, 55 SMA and 8 EMA is above 21 EMA
Bearish bias – Candle Close is below 55 SMA and 8 EMA or 21 EMA and 8 EMA is below 21 EMA
Bearish – Candle Close is below 8 EMA, 21 EMA, 55 SMA and 8 EMA is below 21 EMA
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