Summary (3-Day Chart) $DJT – DownTrend with Downward momentum. /ES – DownTrend with Downward momentum. /NQ – DownTrend with Downward momentum. /RTY – DownTrend with Downward momentum. /YM – DownTrend with Downward momentum.
/CL – UpTrend with Downward momentum. /GC – UpTrend with Upward momentum. /ZB – DownTrend with Neutral momentum. DBC – UpTrend with Neutral momentum. HYG – DownTrend with Downward momentum.
Summary (Daily Chart) $DJT – NoTrend with Upward momentum. /ES – NoTrend with Upward momentum. /NQ – UpTrend with Upward momentum. /RTY – NoTrend with Upward momentum. /YM – UpTrend with Upward momentum.
/CL – DownTrend with Downward momentum. /GC – UpTrend with Downward momentum. /ZB – NoTrend with Upward momentum. DBC – DownTrend with Downward momentum. HYG – DownTrend with Upward momentum.
$DXY – UpTrend with Neutral momentum. EUR/USD – NoTrend with Neutral momentum. USD/JPY – UpTrend with Downward momentum.
Tight Squeezes –
Squeezes (Daily) $DXY
Preliminary Squeezes (Daily) /CL, /ZB, /ZN, DBC
Market Internals
Market Internals (Daily Chart) Market Breadth – above threshold line showing more gainers than losers. Volume Acc/Dis – above the threshold line showing accumulation. Vix – 14.91
Relative Strength – Sectors
Chart 3 – Ranking the Strength of the S&P 500 ETFs over 12 month period
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLC, XLK, XLF, XLU, SPX, XLB, XLY, XLP, XLI and XLE.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLC, XLK, SPX, XLY, XLE, XLF, XLI, XLB, XLU, XLP and XLV.
1 minute day chart with QTiTTs
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.
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
3 November 2023 – Weekly Review – Indices up
Summary (3-Day Chart)
$DJT – DownTrend with Downward momentum.
/ES – DownTrend with Downward momentum.
/NQ – DownTrend with Downward momentum.
/RTY – DownTrend with Downward momentum.
/YM – DownTrend with Downward momentum.
/CL – UpTrend with Downward momentum.
/GC – UpTrend with Upward momentum.
/ZB – DownTrend with Neutral momentum.
DBC – UpTrend with Neutral momentum.
HYG – DownTrend with Downward momentum.
Summary (Daily Chart)
$DJT – NoTrend with Upward momentum.
/ES – NoTrend with Upward momentum.
/NQ – UpTrend with Upward momentum.
/RTY – NoTrend with Upward momentum.
/YM – UpTrend with Upward momentum.
/CL – DownTrend with Downward momentum.
/GC – UpTrend with Downward momentum.
/ZB – NoTrend with Upward momentum.
DBC – DownTrend with Downward momentum.
HYG – DownTrend with Upward momentum.
$DXY – UpTrend with Neutral momentum.
EUR/USD – NoTrend with Neutral momentum.
USD/JPY – UpTrend with Downward momentum.
Tight Squeezes
–
Squeezes (Daily)
$DXY
Preliminary Squeezes (Daily)
/CL, /ZB, /ZN, DBC
Market Internals (Daily Chart)
Market Breadth – above threshold line showing more gainers than losers.
Volume Acc/Dis – above the threshold line showing accumulation.
Vix – 14.91
Relative Strength – Sectors
On a 3-monthly period, the relative strength order of the S&P ETF 500 sectors are XLC, XLK, XLF, XLU, SPX, XLB, XLY, XLP, XLI and XLE.
On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLC, XLK, SPX, XLY, XLE, XLF, XLI, XLB, XLU, XLP and XLV.
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.
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
Share this:
Related