Tech Talk for Friday July 17th 2020

Technical Notes

Home Builders ETF (XHB) moved above $46.60 extending an intermediate uptrend.

KraftHeinz (KHC), an S&P 100 stock moved above $34.00 extending an intermediate uptrend.

Caterpillar (CAT), a Dow Jones Industrial Average stock moved above $139.94 extending an intermediate uptrend.

Canadian Pacific (CP), a TSX 60 stock moved above $363.58 and $363.77 to an all-time high extending an intermediate uptrend.

Trader’s Corner

Equity Indices and related ETFs

Daily Seasonal/Technical Equity Trends for July 16^th 2020

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Seasonal/Technical Commodities Trends for July 16^th 2020

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for July 16^th 2020

Green: Increase from previous day

Red: Decrease from previous day

S&P 500 Momentum Barometer

The Barometer slipped 3.01 to 79.75 yesterday. It changed from extremely intermediate overbought to intermediate overbought on a move below 80.00.

TSX Momentum Barometer

The Barometer slipped 3.25 to 83.73 yesterday. It remains extremely intermediate overbought.

Disclaimer: Seasonality and technical ratings offered in this report and at

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