Tech Talk for Tuesday March 23rd 2021

by Don Vialoux, EquityClock.com

Mar 23

 

Technical Notes for Monday March 22nd

Turkey iShares (TUR) completed a classic Head & Shoulders pattern after breaking though $26.37 and $26.35. Turkey’s prime minister fired head of the central bank. Equity prices responded accordingly.

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Base Metals iShares (XBM) moved below Cdn$16.89 completing a double top pattern.

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Home Depot (HD), a Dow Jones Industrial Average stock moved above $289.26 to an all-time high extending an intermediate uptrend.

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Technical score on the Nikkei Average dropped from 4 to –2

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Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for March 22th 2021

spx march 23

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for March 22th 2021

crb march 23

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for March 22th 2021

xlk march 23

Green: Increase from previous day

Red: Decrease from previous day

All seasonality ratings are based on performance relative to the S&P 500 Index

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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