by Don Vialoux, EquityClock.com
Technical Notes for Tuesday March 30th
Silver Miners ETF (SIL) moved below $38.75 extending an intermediate downtrend.
First Majestic Silver (AG) moved below US$15.13 extending an intermediate downtrend.
Junior Gold Miners ETF (GDXJ) moved below $44.00 extending an intermediate downtrend.
Kirkland Lake Gold (KL), a TSX 60 stock moved below Cdn$40.45 extending an intermediate downtrend.
Moderna (MRNA), a NASDAQ 100 stock moved below $121.12 setting an intermediate downtrend.
Splunk (SPLK), a NASDAQ 100 stock moved below $130.82 extending an intermediate downtrend.
Ilumina ((ILMN), a NASDAQ 100 stock moved below $382.41 setting an intermediate downtrend.
Corn ETN (CORN) moved below $16.54 completing a double top pattern.
Lumber futures moved above $996.30 MBtu to an all-time high extending an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for March 29th 2021
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for March 30th 2021
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for March 30th 2021
Green: Increase from previous day
Red: Decrease from previous day
All seasonality ratings are based on performance relative to the S&P 500 Index
S&P 500 Momentum Barometers
![clip_image001[5]](http://www.timingthemarket.ca/techtalk/wp-content/uploads/2021/03/clip_image0015-14.png "clip_image001[5]")
The intermediate Barometer slipped 2.00 to 80.16 yesterday. It remains Extremely Overbought
![clip_image002[5]](http://www.timingthemarket.ca/techtalk/wp-content/uploads/2021/03/clip_image0025-9.png "clip_image002[5]")
The long term Barometer eased 1.60 to 92.79 yesterday. It remains Extremely Overbought.
TSX Momentum Barometers
![clip_image003[5]](http://www.timingthemarket.ca/techtalk/wp-content/uploads/2021/03/clip_image0035-11.png "clip_image003[5]")
The intermediate Barometer added 0.48 to 66.03 yesterday. It remains Overbought.
![clip_image004[5]](http://www.timingthemarket.ca/techtalk/wp-content/uploads/2021/03/clip_image0045-7.png "clip_image004[5]")
The long term Barometer was unchanged at 77.99 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.
