The Thanksgiving Rally Should Not Be Trusted
PACF › VanEck Vectors International High Yield Bond (PACF:IHY)
Equity
Dollarama Inc (DOL) +100
10 hours ago
Trading down -0.850 (-1.04%) at 81.440. Strong Uptrend (+100) - DOL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DOL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Kensington Capital Acquisition Corp. V Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 (KCGI.WS) -90
12 hours ago
Trading down -0.0351 (-23.45%) at 0.1200. Long-Term Downtrend (-90) - KCGI.WS is in a strong downtrend that is likely to continue. While KCGI.WS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Index
Dow Jones Industrial Average (DJI) +85
10 hours ago
Trading up +3.07 (+0.01%) at 33852.53. Countertrend Up (+85) - DJI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Nasdaq Clean Edge Green Energy EW NTR Index (CELSEWN) -75
9 hours ago
Trading down -11.69 (-0.80%) at 1461.11. Bear Market Rally (-75) - CELSEWN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CELSEWN as it may be in the beginning of a reversal.
Future
SOYBEAN OIL Dec 2023 (ZL.Z23) +85
36 minutes ago
Trading up +0.24 (+0.37%) at 65.11. Countertrend Up (+85) - ZL.Z23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
OATS Mar 2023 (ZO.H23) -75
47 minutes ago
Trading up +2.25 (+0.59%) at 385.25. Bear Market Rally (-75) - ZO.H23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZO.H23 as it may be in the beginning of a reversal.
Foreign Exchange
Euro/Egyptian Pound (EUREGP) +85
11 minutes ago
Trading down -0.008 (-0.03%) at 25.412. Countertrend Up (+85) - EUREGP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Chinese Yuan Renminbi/Danish Krone (CNYDKK) -85
11 minutes ago
Trading down -0.0002370 (-0.02%) at 1.0055781. Countertrend Down (-85) - CNYDKK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Mutual Fund
Gabelli Gold Fund, Inc. Class AAA (GOLDX) +85
9 hours ago
Trading up +0.34 (+2.12%) at 16.37. Countertrend Up (+85) - GOLDX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
CIT: SPA Moderate Portfolio Class R6 (WSPADX) -55
6 hours ago
Trading down -0.01 (-0.08%) at 12.67. Sidelines Mode (-55) - WSPADX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.