Tech Talk for Tuesday December 8th 2020

Technical Notes for December 7^th

South Africa iShares (EZA) moved above $44.05 extending an intermediate uptrend. Triggered by strength in gold.

Uranium stocks and their related ETF (URA) continue to stream higher.

Philip Morris (PM), an S&P 100 stock moved above $81.30 resuming an intermediate uptrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for December 7^th 2020

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for December 7^th 2020

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for December 3^rd 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 their weekly report. Headline reads, “Not 536, records set, debt soars, golden life, broken dollar, oil cusp, pandemic rage, faltering jobs, rate creep”. Following is the link:

https://www.enrichedinvesting.com/wp-content/uploads/2020/12/Not-536-records-set-debt-soars-golden-life-broken-dollar-oil-cusp-pandemic-rage-faltering-jobs-rate-creep.pdf​

S&P 500 Momentum Barometer

The Barometer slipped 0.80 to 81.76 yesterday. It remains extremely intermediate overbought.

TSX Momentum Barometer

The Barometer was unchanged yesterday at 72.83. It remains 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