Tech Talk for Friday January 29th 2021

by Don Vialoux, EquityClock.com

Jan 29

 

Technical Notes from Yesterday

McDonald’s (MCD), a Dow Jones Industrial Average stock moved below $205.94 resuming an intermediate downtrend.

clip_image001

Rogers Communications (RCI), a TSX 60 stock moved below $58.33 extending an intermediate downtrend

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Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for January 28th 2021

clip_image004

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for January 28th 2021

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Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for January 28th 2021

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Green: Increase from previous day

Red: Decrease from previous day

The Canadian Technician

Greg Schnell says, “Airlines struggle with takeoff”. Following is a link:

Airlines Struggle With Taking Off | The Canadian Technician | StockCharts.com

 

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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