by Don Vialoux, EquityClock.com
Technical Notes Yesterday
Incyte Corp (INCY), a NASDAQ 100 stock moved below $82.98 extending an intermediate uptrend.
Take Two Interactive (TTWO), a NASDAQ 100 moved below $151.63 completing a double top pattern.
Advanced Micro Devices (AMD), a NASDAQ 100 stock moved below $73.85 completing a double top pattern.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for November 2nd 2020
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for November 2nd 2020
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for November 2nd 2020
Green: Increase from previous day
Red: Decrease from previous day
Technical Scoop
Thank you to David Chapman and www.EnrichedInvesting.com for a link to the weekly report. Headline reads, “Winter discontented, golden haven, not oversold, downward energy, diverging gas, stormy south”. Following is the link:
S&P 500 Momentum Barometer
The Barometer advanced 13.83 to 44.29 yesterday. It changed from intermediate oversold to intermediate neutral on a move above 40.00.
TSX Momentum Barometer
The Barometer added 10.90 to 39.34 yesterday. It remains intermediate oversold.
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
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This post was originally publised at Vialoux's Tech Talk.
