Tech Talk for Wednesday January 13th 2021

Technical Notes for Tuesday January 12^th

AbbVie (ABBV), an S&P 100 stock moved above $67.00 to an all-time high extending a long term uptrend.

Xcel Energy (XEL), a NASDAQ 100 stock moved below $63.91 completing a modified Head & Shoulders pattern..

General Motors (GM), an S&P 100 stock moved above $46.71 to an all-time high extending an intermediate uptrend.

O’Reilly Automotive (ORLY), a NASDAQ 100 stock moved above $487.95 to an all-time high extending an intermediate uptrend.

Regeneron (REGN), a NASDAQ 100 stock moved above $506.99 completing a double bottom pattern.

Salesforce.com (CRM), an S&P 100 stock moved below $215.63 extending an intermediate downtrend.

Thomson Reuters (TRI), a TSX 60 stock moved below $101.32 completing a modified Head & Shoulders pattern.

OpenText (OTEX), a TSX stock moved below US$43.71 and Cdn$56.21 completing a double top pattern.

Royal Bank (RY), a TSX 60 stock moved above $108.44 to an all-time high extending an intermediate uptrend.

Docusign (DOCU), a NASDAQ 100 stock moved above $256.00 extending an intermediate uptrend.

eBay (EBAY), a NASDAQ 100 stock moved above $54.89 extending an intermediate uptrend.

Bristol-Myers (BMY), an S&P 100 stock moved above $65.71 extending an intermediate uptrend.

Kinder Morgan (KMI), an S&P 100 stock moved above $15.12 extending an intermediate uptrend.

Ford (F), an S&P 100 stock moved above $9.50 extending an intermediate uptrend.

Canadian “gassy” stocks are responding to higher natural gas prices. Freehold Royalties (FRU) moved above Cdn$5.92 extending an intermediate uptrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for January 12^th 2021

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for January 12^th 2021

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for January 12^th 2021

Green: Increase from previous day

Red: Decrease from previous day

S&P 500 Momentum Barometer

The Barometer slipped 1.80 to 77.96 yesterday. It remains intermediate overbought

TSX Momentum Barometer

The Barometer slipped 1.77 to 69.52 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