Symbol: YETI

Won Global View

Posted on by Deepashree MC

The U.S. market is in a Confirmed Uptrend. Indices were near flat. The S&P 500 and Nasdaq opened higher, however, reversed gains
and closed at the day’s low. The S&P 500 declined 16bps on above average volume. The Nasdaq was up 11bps on lower volume. Both
indices are trading above their 50-DMA, which will serve as a key level of support (4,467/13,835). Immediate resistance is at 4,607 for the
S&P 500 and ~14,130 for the Nasdaq.

Global Laggards

Posted on by Cornelio Ash

Highlighted Charts

 

U.S.: Kincross Gold Corporation ( KGC ), Brinks Co ( BCO ), L3Harris Technologies ( LHX ), Xylem Inc ( XYL ), Nio Inc ( NIO ), Yelp Inc ( YELP ), Gray Television Inc ( GTN ), P V H Corp ( PVH ), MSG Sports Corp ( MSGS ), Toro ( TTC ), Marriott Vacations Worldwide ( VAC ), Sonos ( SONO ), Yeti Holdings ( YETI ), Lancaster Colony Corp ( LANC ), Euronav ( EURN ), Flagstar Bancorp ( FBC ), Royalty Pharma ( RPRX ), National Vision Holdings ( EYE ), Childrens Place ( PLCE ), Flex ( FLEX ), Amkor Technology ( AMKR ), Okta Inc ( OKTA ), Avalara Inc ( AVLR ), Delta Airlines ( DAL ).

 

Developed: BASF ( ASX.DE; BAS GR ) Volvo B ( VOBF.SE; VOLVB SS ), Kakaku.com ( KAKA.JP; 2371 JP ), Flughafen Zurich ( FHZN.CH; FHZN SW ), Aena Sme ( AENA.ES; AENA SM ), Royal Unibrew ( RBR.DK; RBREW DC ), Christian Hansen Holding ( CHR.DK; CHR DC ), Woodside Petroleum ( WPL.AU ), Banco Santander ( SAN.ES; SAN SM ), Cochlear ( COH.AU; COH.AX ), Grafton Group ( GFTU.GB; GFTU LN ), Kuehne Nagel International ( KNIN.CH; KNIN SW ).

 

Emerging: Cemex ( CMC.MX; CEMEXCPO MM ), CCC ( CCC.PL; CCC PW ), Chipmos Technologies ( CIT.TW; 8150 TT )

US Focus

Posted on by Saminathan Jaganathan

The U.S. market is in a Rally Attempt. We will upgrade the market to Confirmed Uptrend should either S&P 500 close above 3,950, or the Nasdaq stage a follow-through day. Support on the S&P 500 is again the rising 10- and 21-DMA (3,873). The Nasdaq faces resistance at its 50-DMA (13,368), with support at ~13,000 before the rising 100-DMA (~12,700). Though the Nasdaq is still trading 6% off highs, multiple other indices are trading at all-time highs including the Dow and the Russell 2000.

Won Global View

Posted on by admin

The U.S. market is in a Downtrend. The S&P 500 added four distribution days over five sessions, resulting in its first break of the 50-
DMA since November. Despite a snapback rally on Friday, the index now faces multiple layers of resistance including its rolling 21-DMA
(3,855). Near-term support is now ~3,700, which may coincide with the rising 100-DMA. The support range below the 100-DMA is 3,500–
3,600, the top of the prior Q4 consolidation, which may coincide with the rising 200-DMA. The Nasdaq also broke its 50-DMA last week in
rising distribution. This index added back-to-back distribution days on Wednesday and Thursday, resulting in a 10% decline off highs to
near-term support at its 100-DMA (~12,600). Should this level break, the next level is ~12,000, which may coincide with the rising 200-
DMA.

Market View

Posted on by Raj Gupta

The U.S. market has been downgraded to a Downtrend. The S&P 500 added four distribution days over five ses-
sions, resulting in its first break of the 50-DMA since November. Despite a snapback rally on Friday, the index

now faces multiple layers of resistance including its rolling 21-DMA (3,855). Near-term support is now ~3,700,
which may coincide with the rising 100-DMA. The support range below the 100-DMA is 3,500–3,600, the top of
the prior Q4 consolidation, which may coincide with the rising 200-DMA. The Nasdaq also broke its 50-DMA
this week in rising distribution. This index added back-to-back distribution days on Wednesday and Thursday,
resulting in a 10% decline off highs to near-term support at its 100-DMA (~12,600). Should this level break,
the next level is ~12,000, which may coincide with the rising 200-DMA.

US Focus

Posted on by Sandeeep N

The U.S. market remains is in an Uptrend Under Pressure. The S&P 500 and Nasdaq pulled back to their respective 50-DMA in volatile action this week. Support below this major moving average is ~3,700 on the S&P 500, which is near the January 29th low and the rising 100-DMA. Support below the 50-DMA for the Nasdaq is between 12,900 to 13,000, an area that held twice in January. The distribution day count stands at five each, with two expiring on the S&P 500 and one on the Nasdaq next week.

US Focus

Posted on by Sandeeep N

The U.S. market remains in a Confirmed Uptrend. The S&P 500 and Nasdaq pulled back slightly this week but held above support at the 10-DMA (S&P500 :3,905) and 21-DMA (Nasdaq:13,720) , respectively. The distribution day stands at four and three days, with one day expiring on S&P 500 next week.