by Don Vialoux, EquityClock.com
Technical Notes for Yesterday
Cenovus (CVE), a TSX 60 stock moved above $7.80 resuming an intermediate uptrend.
Thomson Reuters (TRI), a TSX 60 stock moved below $102.31 completing a modified double top pattern.
Electronic Arts (EA), a NASDAQ 100 stock moved above $133.88 extending an intermediate uptrend.
Gasoline ETN (GASO) moved above $1.33 resuming an intermediate uptrend.
Oil Services ETF (OIH) moved above $46.37 resuming an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for December 10th 2020
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for December 10th 2020
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for December 10th 2020
Green: Increase from previous day
Red: Decrease from previous day
S&P 500 Momentum Barometer
![clip_image001[5]](http://www.timingthemarket.ca/techtalk/wp-content/uploads/2020/12/clip_image0015-6.png "clip_image001[5]")
The Barometer dropped 3.21 to 76.55 yesterday. It remains intermediate overbought and has started to turn down.
TSX Momentum Barometer
![clip_image002[5]](http://www.timingthemarket.ca/techtalk/wp-content/uploads/2020/12/clip_image0025-6.png "clip_image002[5]")
The Barometer added 0.80 to 70.89 yesterday. 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
This post was originally publised at Vialoux's Tech Talk.
