Summary (The Week Ahead) $DJT – UpTrend and Downward momentum. /ES – NoTrend and Downward momentum. /NQ – NoTrend and Downward momentum. /RTY – NoTrend and Downward momentum. /YM – UpTrend and Downward momentum.
/CL – UpTrend and Neutral momentum. /GC – DownTrend and Downward momentum. /ZB – DownTrend and Downward momentum. DBC – UpTrend and Downward momentum. HYG – UpTrend and Downward momentum.
$DXY – UpTrend and Upward momentum. EUR/USD – NoTrend and Downward momentum. USD/JPY – UpTrend and Upward momentum.
Daily Tight Squeezes (The Week Ahead) –
Daily Squeezes (The Week Ahead) /BTC, /ES, /GC, /NQ, /RTY
Preliminary Squeezes (The Week Ahead) HYG, NDX, SPX
Market Internals Market Breadth – below threshold showing more losers than gainers. Volume Acc/Dis – below threshold showing distribution. Vix – 15.99 QTiTTs signal is Upward.
Relative Strength – Sectors
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLI, XLC, XLF, XLV, XLY, XLB, XLK, XLP and XLU.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLC, XLI, XLY, XLB, XLK, XLP, XLF, XLE, XLV and XLU.
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.
8 August 2023 – Indices pull back
Summary (The Week Ahead)
$DJT – UpTrend and Downward momentum.
/ES – NoTrend and Downward momentum.
/NQ – NoTrend and Downward momentum.
/RTY – NoTrend and Downward momentum.
/YM – UpTrend and Downward momentum.
/CL – UpTrend and Neutral momentum.
/GC – DownTrend and Downward momentum.
/ZB – DownTrend and Downward momentum.
DBC – UpTrend and Downward momentum.
HYG – UpTrend and Downward momentum.
$DXY – UpTrend and Upward momentum.
EUR/USD – NoTrend and Downward momentum.
USD/JPY – UpTrend and Upward momentum.
Daily Tight Squeezes (The Week Ahead)
–
Daily Squeezes (The Week Ahead)
/BTC, /ES, /GC, /NQ, /RTY
Preliminary Squeezes (The Week Ahead)
HYG, NDX, SPX
Market Internals
Market Breadth – below threshold showing more losers than gainers.
Volume Acc/Dis – below threshold showing distribution.
Vix – 15.99
QTiTTs signal is Upward.
Relative Strength – Sectors
On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLE, XLI, XLC, XLF, XLV, XLY, XLB, XLK, XLP and XLU.
On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLC, XLI, XLY, XLB, XLK, XLP, XLF, XLE, XLV and XLU.
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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