by Don Vialoux, Timingthemarket.ca

Observation

Near the close yesterday, another Dow Jones Industrial stock broke to an all-time high. Johnson & Johnson moved above $136.21 extending an intermediate uptrend.

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StockTwits Released Yesterday @EquityClock

McDonalds $MCD, a Dow Jones Industrial stock moved above $161.72 to all-time high extending an intermediate uptrend.

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Technical action by S&P 500 stocks to 10:00: Bullish. Breakouts: $MCD $BF.B $CL $MO. Breakdown: $JNPR.

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Editor’s Note: After 10:00 AM EDT, breakouts included ETN and GOOG. Breakdowns included FFIV, DISCA and CSRA.

First Service Corp. $FSV.CA moved above $87.82 to all-time high extending an intermediate uptrend.

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Air Canada $AC.CA moved above $27.68 to all-time high extending an intermediate uptrend.

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Alphabet $GOOG moved above $988.25 to all-time high extending an intermediate uptrend.

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South Korea iShares moved above $71.78 to all-time high extending an intermediate uptrend.

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Trader’s Corner

Daily Seasonal/Technical Equity Trends for October 11th 2017

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Green: Increase from previous day

Red: Decrease from previous day

Daily Seasonal/Technical Commodities Trends for October 11th 2017

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Green: Increase from previous day

Red: Decrease from previous day

* Excludes adjustment from rollover of futures contracts

Daily Seasonal/Technical Sector Trends for October 11th 2017

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Green: Increase from previous day

Red: Decrease from previous day

S&P Momentum Barometer

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The Barometer added 1.20 to 74.80 yesterday. It remains intermediate overbought.

TSX Momentum Barometer

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The Barometer added 1.32 to 81.48 yesterday. It remains intermediate overbought.

Disclaimer: Seasonality and technical ratings offered in this report and www.equityclock.com are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered in this report is believed to be accurate, but is not guaranteed

Copyright © DV Tech Talk, Timingthemarket.ca