by Don Vialoux, EquityClock.com
Technical Notes for Tuesday February 3rd
Salesforce.com (CRM), an S&P 100 stock moved above intermediate resistance at $233.18
DexCom (DXCM), a NASDAQ 100 stock moved above $396.98 extending an intermediate uptrend.
IDEXX Labs (IDXX), a NASDAQ 100 stock moved above $516.86 to an all-time high extending an intermediate uptrend.
CGI Group (GIB), a TSX 60 stock moved above US$80.90 extending an intermediate uptrend.
Software iShares (IGV) moved above $366.03 to an all-time high extending an intermediate uptrend.
U.S. Dollar Index ETN has completed a short term reverse Head & Shoulders pattern on a move above $24.50
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for February 2nd 2021
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for February 2nd 2021
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for February 2nd 2021
Green: Increase from previous day
Red: Decrease from previous day
S&P 500 Momentum Barometers
The intermediate Barometer advanced 8.42 to 58.72 yesterday. It remains intermediate neutral
The long term Barometer added 1.00 to 89.38 yesterday. It remains extremely long term overbought.
TSX Momentum Barometers
The intermediate Barometer advanced 4.06 to 59.62 yesterday. It remains intermediate neutral
The long term barometer gained 0.59 to 78.85 yesterday. It remains long term 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.