by Don Vialoux, Timingthemarket.ca
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Observations
Strength in the U.S. Dollar Index triggered a rollover in short term momentum by commodities and commodity sensitive sectors.
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StockTwits Released Yesterday @EquityClock
Short term resistance at 2,170 becomes apparent on S&P 500 Index
Technical action by S&P 500 stocks to 10:30: Quiet. Breakouts: $BA, $EMC, $QCOM. Breakdown: $NFLX
Editorās Note: After 10:30 AM EDT, Morgan Stanley and Emerson Electric broke resistance.
Nice breakout by Morgan Stanley $MS above $28.29 extending an intermediate uptrend.
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Traderās Corner
Daily Seasonal/Technical Equity Trends for July 19th 2016
Green: Increase from previous day
Red: Decrease from previous day
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Daily Seasonal/Technical Commodities Trends for July 19th 2016
Green: Increase from previous day
Red: Decrease from previous day
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Daily Seasonal/Technical Sector Trends for March July 19th 2016
Green: Increase from previous day
Red: Decrease from previous day
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