by Don Vialoux, EquityClock.com
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Technical Notes for Thursday September 24th
S&P Bank SPDRs (KBE) moved below $27.93 setting an intermediate downtrend.
S&P Regional Banks SPDRs (KRE) moved below $33.67 setting an intermediate downtrend.
China Large Cap iShares (FXI) moved below $41.09 completing a double top pattern.
Cameco (CCJ), a TSX 60 stock moved below US$10.05 and Cdn$13.49 setting an intermediate downtrend.
Canadian Natural Resources (CNQ), a TSX 60 stock moved below $21.62 completing a double top pattern.
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Traderâs Corner
Daily Seasonal/Technical Equity Trends for September 24th 2020
Green: Increase from previous day
Red: Decrease from previous day
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Commodities
Seasonal/Technical Commodities Trends for September 24th 2020
Green: Increase from previous day
Red: Decrease from previous day
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Sectors
Daily Seasonal/Technical Sector Trends for September 24th 2020
Green: Increase from previous day
Red: Decrease from previous day
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S&P 500 Momentum Barometer
The Barometer added 0.60 to 26.25 yesterday. It remains intermediate oversold and continues to trend down.
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TSX Momentum Barometer
Not available at time of posting.
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.