by Don Vialoux, EquityClock.com
Technical Notes for Monday
Surprisingly few technical breakouts or breakdowns yesterday among big cap Canadian and U.S. equities and actively traded ETFs!
Power Corp (POW), a TSX 60 stock moved above $31.71 extending an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for March 1st 2021
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for March 1st 2021
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for March 1st 2021
Green: Increase from previous day
Red: Decrease from previous day
Change in Seasonality Rating
Dow Jones Transportation Average changes from Neutral to Positive until May 5th
S&P 500 Momentum Barometers
The intermediate Barometer advanced 9.22 to 64.73 yesterday. It changed from Neutral to Overbought on a return above 60.00.
The long term Barometer added 4.21 to 84.17 yesterday. It changed from Overbought to Extremely Overbought on a return above 80.00.
TSX Momentum Barometers
The intermediate Barometer added 6.76 to 61.35 yesterday. It changed from Neutral to Overbought on a return above 60.00.
The long term Barometer added 0.67 to 72.95 yesterday. It remains 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.
