Tech Talk for Wednesday September 16th 2020

by Don Vialoux, EquityClock.com

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Technical Notes for Tuesday September 15th

Cognizant (CTSH), a NASDAQ 100 stock moved above $69.26 extending an intermediate uptrend.

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Hong Kong iShares (EWH) moved above $22.94 extending an intermediate uptrend.

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Bank of New York Mellon (BK), an S&P 100 stock moved below $35.21 setting an intermediate downtrend.

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Citigroup (C), an S&P 100 stock moved below $47.72 setting an intermediate downtrend.

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Algonquin Power (AQN), a TSX 60 stock moved above $18.78 setting an intermediate uptrend.

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Palladium moved above US$2,419.10 per ounce extending an intermediate uptrend.

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Traderā€™s Corner

Equity Indices and related ETFs

Daily Seasonal/Technical Equity Trends for September 15th 2020

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Green: Increase from previous day

Red: Decrease from previous day

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Commodities

Seasonal/Technical Commodities Trends for September 15th 2020

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Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for September 15th 2020

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Green: Increase from previous day

Red: Decrease from previous day

S&P 500 Momentum Barometer

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The Barometer added 0.80 to 62.93 yesterday. It remains intermediate overbought.

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TSX Momentum Barometer

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The Barometer added 3.33 to 61.43 yesterday. It changed back from intermediate neutral to intermediate overbought on a return above 60.00.

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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




This post was originally publised at Vialoux's Tech Talk.

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