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2 June 2023 – Weekly Review – Debt Ceiling approved

Chart 1: Weekly chart of the S&P 500 sectors

Summary (3-Day Chart)
$DJT – UpTrend
with Neutral momentum.
/ESUpTrend with Upward momentum.
/NQUpTrend with Upward momentum.
/RTY – UpTrend with Upward momentum.
/YM – UpTrend with Downward momentum.

/CLDownTrend with Downward momentum.
/GCnoTrend with Downward momentum.
/ZBDownTrend with Downward momentum.
DBCDownTrend with Downward momentum.
HYGUpTrend with Downward momentum.

$DXY – NoTrend and Upward momentum.
EUR/USD – NoTrend and Downwward momentum.
USD/JPY – UpTrend and Upward momentum.

Summary (Daily Chart)
$DJTUpTrend with Upward momentum.
/ESUpTrend with Upward momentum.
/NQUpTrend with Upward momentum.
/RTYUpTrend with Upward momentum.
/YMUpTrend with Upward momentum.

/CLDownTrend with Downward momentum.
/GCDownTrend with Neutral momentum.
/ZBDownTrend with Upward momentum.
DBCDownTrend with Neutral momentum.
HYGUpTrend with Upward momentum.

$DXYUpTrend with Neutral momentum.
EUR/USDDownTrend with Neutral momentum.
USD/JPYUpTrend with Downward momentum.

Tight Squeezes

Squeezes (Daily)
$DJT, /BTC, /CL, /ES, /RTY, /YM, HYG

Preliminary Squeezes (Daily)
DBC, SPX

Market Internals

Market Internals (Daily Chart)
Market Sentiment – Bullish.
Put/Call ratio – 1.438
Market Breadth – above threshold line showing more gainers than losers.
Volume Acc/Dis – below the threshold line showing distribution.
Vix – 14.6

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, XLY, XLK, XLI, XLF, XLB, XLV, XLE, XLP and XLU.

On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLK, XLI, XLE, XLC, XLP, XLV, XLB, XLY, XLU and XLF.

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

1 June 2023 – Debt ceiling passed

Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index

Summary (The Week Ahead)
$DJTDownTrend and Neutral momentum.
/ESUpTrend and Upward momentum.
/NQUpTrend and Upward momentum.
/RTYNoTrend and Downward momentum.
/YMDownTrend and Neutral momentum.

/CLDownTrend and Downward momentum.
/GCNoTrend and Upward momentum.
/ZBNoTrend and Upward momentum.
DBCDownTrend and Downward momentum.
HYGDownTrend and Upward momentum.

$DXY – UpTrend and Neutral momentum.
EUR/USD – DownTrend and Neutral momentum.
USD/JPY – UpTrend and Downward momentum.

Daily Tight Squeezes (The Week Ahead)
$DJT, /RTY

Daily Squeezes (The Week Ahead)
/BTC, /CL, /ES, /YM

Preliminary Squeezes (The Week Ahead)
DBC, HYG, SPX

Chart 2 – Market Internals

Market Internals
Market Sentiment – Bullish
Put/Call ratio – 1.345
Market Breadth – below threshold showing more losers than gainers.
Volume Acc/Dis – below threshold showing distribution.
Vix – 15.65
QTiTTs signal is Upward.

Relative Strength – Sectors

On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLC, XLY, XLK, XLF, XLI, XLV, XLB, XLP, XLE and XLU.

On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLK, XLI, XLE, XLC, XLP, XLV, XLB, XLY, XLU 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.

31 May 2023 – Indices turn down

Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index

Summary (The Week Ahead)
$DJTDownTrend and Neutral momentum.
/ESUpTrend and Downward momentum.
/NQUpTrend and Neutral momentum.
/RTYDownTrend and Downward momentum.
/YMDownTrend and Neutral momentum.

/CLDownTrend and Downward momentum.
/GCDownTrend and Neutral momentum.
/ZBDownTrend and Upward momentum.
DBCDownTrend and Downward momentum.
HYGDownTrend and Neutral momentum.

$DXY – UpTrend and Neutral momentum.
EUR/USD – DownTrend and Neutral momentum.
USD/JPY – UpTrend and Neutral momentum.

Daily Tight Squeezes (The Week Ahead)
$DJT

Daily Squeezes (The Week Ahead)
/CL, /ES, /RTY, /YM

Preliminary Squeezes (The Week Ahead)
/BTC, DBC, HYG, SPX

Chart 2 – Market Internals

Market Internals
Market Sentiment – Bearish
Put/Call ratio – 1.087
Market Breadth – below threshold showing more losers than gainers.
Volume Acc/Dis – below threshold showing distribution.
Vix – 17.94
QTiTTs signal is Upward.

Relative Strength – Sectors

On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLC, XLK, XLY, XLF, XLV, XLI, XLU, XLP, XLE and XLB.

On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLK, XLE, XLI, XLC, XLP, XLV, XLB, XLY, XLU 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.

30 May 2023 – Debt ceiling uncertainties?

Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index

Summary (The Week Ahead)
$DJTNoTrend and Upward momentum.
/ESUpTrend and Upward momentum.
/NQUpTrend and Upward momentum.
/RTYDownTrend and Downward momentum.
/YMDownTrend and Neutral momentum.

/CLDownTrend and Downward momentum.
/GCDownTrend and Neutral momentum.
/ZBDownTrend and Neutral momentum.
DBCDownTrend and Downward momentum.
HYGNoTrend and Neutral momentum.

$DXY – UpTrend and Upward momentum.
EUR/USD – DownTrend and Neutral momentum.
USD/JPY – UpTrend and Upward momentum.

Daily Tight Squeezes (The Week Ahead)
$DJT

Daily Squeezes (The Week Ahead)
/CL, /ES, /RTY

Preliminary Squeezes (The Week Ahead)
/BTC, /YM, DBC, HYG

Chart 2 – Market Internals

Market Internals
Market Sentiment – Bearish
Put/Call ratio – 1.307
Market Breadth – below threshold showing more losers than gainers.
Volume Acc/Dis – below threshold showing distribution.
Vix – 17.46
QTiTTs signal is Upward.

Relative Strength – Sectors

On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLC, XLY, XLK, XLF, XLI, XLV, XLP, XLE, XLB and XLU.

On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLK, XLI, XLE, XLC, XLP, XLB, XLV, XLY, XLU 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.

25 May 2023 – NVIDIA gaps up! Nears $1T valuation

Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index

Summary (The Week Ahead)
$DJTDownTrend and Neutral momentum.
/ESUpTrend and Downward momentum.
/NQUpTrend and Upward momentum.
/RTYDownTrend and Neutral momentum.
/YMDownTrend and Downward momentum.

/CLDownTrend and Upward momentum.
/GCDownTrend and Downward momentum.
/ZBDownTrend and Downward momentum.
DBCDownTrend and Downward momentum.
HYGDownTrend and Downward momentum.

$DXY – UpTrend and Upward momentum.
EUR/USD – DownTrend and Downward momentum.
USD/JPY – UpTrend and Upward momentum.

Daily Tight Squeezes (The Week Ahead)
$DJT

Daily Squeezes (The Week Ahead)
/CL, /ES, /RTY

Preliminary Squeezes (The Week Ahead)
/BTC, /YM, DBC, HYG

Chart 2 – Market Internals

Market Internals
Market Sentiment – Bearish
Put/Call ratio – 1.292
Market Breadth – below threshold showing more losers than gainers.
Volume Acc/Dis – below threshold showing distribution.
Vix – 19.14
QTiTTs signal is Upward.

Relative Strength – Sectors

On a 3-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLC, XLK, XLY, XLV, XLP, XLI, XLE, XLU, XLF and XLB.

On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLK, XLE, XLI, XLP, XLC, XLV, XLB, XLU, 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.

24 May 2023 – Debt ceiling weighs on market

Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index

Summary (The Week Ahead)
$DJTDownTrend and Neutral momentum.
/ESNoTrend and Upward momentum.
/NQUpTrend and Downward momentum.
/RTYDownTrend and Upward momentum.
/YMDownTrend and Downward momentum.

/CLNoTrend and Upward momentum.
/GCDownTrend and Downward momentum.
/ZBDownTrend and Downward momentum.
DBCDownTrend and Upward momentum.
HYGDownTrend and Downward momentum.

$DXY – UpTrend and Upward momentum.
EUR/USD – DownTrend and Downward momentum.
USD/JPY – UpTrend and Upward momentum.

Daily Tight Squeezes (The Week Ahead)
$DJT

Daily Squeezes (The Week Ahead)
/CL, /ES, /RTY

Preliminary Squeezes (The Week Ahead)
/BTC, /YM, DBC, HYG

Chart 2 – Market Internals

Market Internals
Market Sentiment – Extremely Bearish
Put/Call ratio – 0.95
Market Breadth – below threshold showing more losers than gainers.
Volume Acc/Dis – below threshold showing distribution.
Vix – 20.03
QTiTTs signal is Upward.

Relative Strength – Sectors

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 XLC, XLK, XLY, XLV, XLP, XLI, XLE, XLU, XLF and XLB.

On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLK, XLE, XLI, XLP, XLC, XLV, XLB, XLU, 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.

23 May 2023 – Debt ceiling fears

Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index

Summary (The Week Ahead)
$DJTDownTrend and Upward momentum.
/ESUpTrend and Upward momentum.
/NQUpTrend and Neutral momentum.
/RTYUpTrend and Upward momentum.
/YMDownTrend and Downward momentum.

/CLNoTrend and Upward momentum.
/GCDownTrend and Downward momentum.
/ZBDownTrend and Downward momentum.
DBCDownTrend and Upward momentum.
HYGDownTrend and Downward momentum.

$DXY – UpTrend and Upward momentum.
EUR/USD – DownTrend and Downward momentum.
USD/JPY – UpTrend and Upward momentum.

Daily Tight Squeezes (The Week Ahead)

Daily Squeezes (The Week Ahead)
$DJT, /CL, /ES, /RTY, /YM, SPX

Preliminary Squeezes (The Week Ahead)
/BTC, /GC, DBC, HYG

Chart 2 – Market Internals

Market Internals
Market Sentiment – Bearish
Put/Call ratio – 1.199
Market Breadth – below threshold showing more losers than gainers.
Volume Acc/Dis – below threshold showing distribution.
Vix – 18.53
QTiTTs signal is Upward.

Relative Strength – Sectors

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 XLC, XLK, XLY, XLV, XLP, XLI, XLE, XLU, XLF and XLB.

On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLK, XLE, XLI, XLP, XLC, XLV, XLB, XLU, 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.

22 May 2023 – Waiting for resolution of debt ceiling

Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index

Summary (The Week Ahead)
$DJTDownTrend and Upward momentum.
/ESUpTrend and Upward momentum.
/NQUpTrend and Upward momentum.
/RTYUpTrend and Upward momentum.
/YMNoTrend and Upward momentum.

/CLDownTrend and Upward momentum.
/GCDownTrend and Downward momentum.
/ZBDownTrend and Downward momentum.
DBCDownTrend and Downward momentum.
HYGDownTrend and Downward momentum.

$DXY – UpTrend and Upward momentum.
EUR/USD – DownTrend and Downward momentum.
USD/JPY – UpTrend and Upward momentum.

Daily Tight Squeezes (The Week Ahead)

Daily Squeezes (The Week Ahead)
$DJT, /CL, /ES, /RTY, /YM

Preliminary Squeezes (The Week Ahead)
/BTC, /GC, DBC, HYG, USD/JPY

Chart 2 – Market Internals

Market Internals
Market Sentiment – Bearish
Put/Call ratio – 1.192
Market Breadth – below threshold showing more losers than gainers.
Volume Acc/Dis – above threshold showing accumulation.
Vix – 17.21
QTiTTs signal is Upward.

Relative Strength – Sectors

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, XLC, XLY, XLV, XLP, XLI, XLU, XLF, XLB and XLE.

On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLK, XLI, XLE, XLP, XLV, XLC, XLB, XLU, 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.

19 May 2023 – Weekly Review – Turn Upward?

Chart 1: Weekly chart of the S&P 500 sectors

Summary (3-Day Chart)
$DJT – DownTrend
with Neutral momentum.
/ESUpTrend with Upward momentum.
/NQUpTrend with Upward momentum.
/RTY – DownTrend with Upward momentum.
/YM – NoTrend with Downward momentum.

/CLDownTrend with Downward momentum.
/GCUpTrend with Downward momentum.
/ZBDownTrend with Downward momentum.
DBCDownTrend with Downward momentum.
HYGDownTrend with Downward momentum.

$DXY – NoTrend and Upward momentum.
EUR/USD – NoTrend and Downwward momentum.
USD/JPY – UpTrend and Upward momentum.

Summary (Daily Chart)
$DJTDownTrend with Upward momentum.
/ESUpTrend with Upward momentum.
/NQUpTrend with Upward momentum.
/RTYNoTrend with Upward momentum.
/YMNoTrend with Neutral momentum.

/CLDownTrend with Upward momentum.
/GCDownTrend with Downward momentum.
/ZBDownTrend with Downward momentum.
DBCDownTrend with Downward momentum.
HYGDownTrend with Downward momentum.

$DXYUpTrend with Upward momentum.
EUR/USDDownTrend with Downward momentum.
USD/JPYUpTrend with Upward momentum.

Tight Squeezes

Squeezes (Daily)
$DJT, /ES, /RTY, /YM, SPX

Preliminary Squeezes (Daily)
/BTC, /CL, /GC, /ZB, /ZN, HYG

Market Internals

Market Internals (Daily Chart)
Market Sentiment – Bearish.
Put/Call ratio – 1.20
Market Breadth – below threshold line showing more losers than gainers.
Volume Acc/Dis – above the threshold line showing accumulation .
Vix – 16.81

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 XLK, XLC, XLY, XLP, XLV, XLI, XLU, XLB, XLF and XLE.

On a 12-monthly period, the relative strength order of the S&P ETF 500 sectors are XLK, XLI, XLE, XLP, XLV, XLC, XLB, XLU, XLY and XLF.

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

18 May 2023 – Indices rise ahead of debt ceiling agreement

Chart 1: Overall market analysis of the indices, oil, gold, bond and US dollar index

Summary (The Week Ahead)
$DJTNoTrend and Upward momentum.
/ESUpTrend and Upward momentum.
/NQUpTrend and Upward momentum.
/RTYUpTrend and Upward momentum.
/YMUpTrend and Neutral momentum.

/CLDownTrend and Upward momentum.
/GCDownTrend and Downward momentum.
/ZBDownTrend and Downward momentum.
DBCDownTrend and Neutral momentum.
HYGDownTrend and Downward momentum.

$DXY – UpTrend and Upward momentum.
EUR/USD – DownTrend and Downward momentum.
USD/JPY – UpTrend and Upward momentum.

Daily Tight Squeezes (The Week Ahead)

Daily Squeezes (The Week Ahead)
/ES, /RTY, /YM, SPX

Preliminary Squeezes (The Week Ahead)
$DJT, /BTC, /CL, /GC, /ZB, /ZN, HYG

Chart 2 – Market Internals

Market Internals
Market Sentiment – Bearish
Put/Call ratio – 1.257
Market Breadth – below threshold showing more losers than gainers.
Volume Acc/Dis – below threshold showing distribution.
Vix – 16.05
QTiTTs signal is Upward.

Relative Strength – Sectors

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 XLY, XLC, XLK, XLP, XLV, XLI, XLU, XLF, XLB and XLE.

On a 12-monthly lookback, the relative strength order of the S&P ETF 500 sectors are XLK, XLI, XLP, XLE, XLV, XLC, XLB, XLU, 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.