Chart 3 – 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 XLK, XLP, XLC, XLV, XLY, XLE, XLU, XLB, XLI and XLF.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLI, XLP, XLK, XLB, XLV, XLU, XLC, XLY and XLF.
Chart 4 -1 minute day chart with QTiTTs
In chart 4 above shows the 1 minute chart of the /RTY.
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.
4 April 2023 – Gold breaks above 2000 USD
Summary (The Week Ahead)
$DJT – DownTrend and Upward momentum.
/ES – UpTrend and Upward momentum.
/NQ – UpTrend and Upward momentum.
/RTY – DownTrend and Upward momentum.
/YM – UpTrend and Upward momentum.
/CL – UpTrend and Upward momentum.
/GC – UpTrend and Upward momentum.
/ZB – UpTrend and Upward momentum.
DBC – UpTrend and Upward momentum.
HYG – UpTrend and Upward momentum.
$DXY – DownTrend and Downward momentum.
EUR/USD – UpTrend and Upward momentum.
USD/JPY – NoTrend and Upward momentum.
Daily Tight Squeezes (The Week Ahead)
/RTY
Daily Squeezes (The Week Ahead)
/ZB, /ZN
Preliminary Squeezes (The Week Ahead)
$DJT, HYG, USD/JPY
Market Internals
Market Sentiment – Extremly Bearish
Put/Call ratio – 0.937
Market Breadth – above threshold showing more gainers than losers.
Volume Acc/Dis – above threshold showing accumulation.
Vix – 19.0
QTiTTs signal is Upward.
Relative Strength – Sectors
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLK, XLP, XLC, XLV, XLY, XLE, XLU, XLB, XLI and XLF.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLI, XLP, XLK, XLB, XLV, XLU, XLC, XLY and XLF.
In chart 4 above shows the 1 minute chart of the /RTY.
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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