by Don Vialoux, EquityClock.com
Technical Notes for Monday January 18th
Brookfield Infrastructure (BIP/UN), a TSX 60 stock moved above $68.38 extending an intermediate uptrend.
Chinese based ETFs listed on the TSX responded to the better than expected 6.5% annualized GDP gain by China in the fourth quarter. XCH moved above Cdn$30.21 to an all-time high extending an intermediate uptrend.
Trader’s Corner
Editor’s Note: No change in ratings for the TSX and TSX sectors yesterday
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for January 18th 2021
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for January 18th 2021
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for January 18th 2021
Green: Increase from previous day
Red: Decrease from previous day
Berman’s Call Yesterday
During his education segment, Larry offered interesting observations on central bank liquidity and likely action by the Federal Reserve to curtail liquidity at its next meeting on January 26th and 27th. Signs of a reduction in liquidity could have a short term negative impact on U.S. equity markets. Following is a link:
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.
