Tech Talk for Wednesday February 3rd 2021

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

clip_image001

DexCom (DXCM), a NASDAQ 100 stock moved above $396.98 extending an intermediate uptrend.

clip_image002

IDEXX Labs (IDXX), a NASDAQ 100 stock moved above $516.86 to an all-time high extending an intermediate uptrend.

clip_image003

CGI Group (GIB), a TSX 60 stock moved above US$80.90 extending an intermediate uptrend.

clip_image004

Software iShares (IGV) moved above $366.03 to an all-time high extending an intermediate uptrend.

clip_image001[7]

U.S. Dollar Index ETN has completed a short term reverse Head & Shoulders pattern on a move above $24.50

clip_image002[7]

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for February 2nd 2021

clip_image006

Green: Increase from previous day

Red: Decrease from previous day

 

Commodities

Daily Seasonal/Technical Commodities Trends for February 2nd 2021

clip_image008

Green: Increase from previous day

Red: Decrease from previous day

 

Sectors

Daily Seasonal/Technical Sector Trends for February 2nd 2021

clip_image010

Green: Increase from previous day

Red: Decrease from previous day

 

S&P 500 Momentum Barometers

clip_image001[5]

The intermediate Barometer advanced 8.42 to 58.72 yesterday. It remains intermediate neutral

clip_image002[5]

The long term Barometer added 1.00 to 89.38 yesterday. It remains extremely long term overbought.

 

TSX Momentum Barometers

clip_image003[5]

The intermediate Barometer advanced 4.06 to 59.62 yesterday. It remains intermediate neutral

clip_image004[5]

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.

Total
0
Shares
Previous Article

Your Portfolio May Be Less Diversified Than You Think

Next Article

Key Senator is On Board as “Go Big” Bill Advances

Related Posts
Subscribe to AdvisorAnalyst.com notifications
Watch. Listen. Read. Raise your average.