by Don Vialoux, EquityClock.com
May 19
Technical Notes released yesterday at StockTwits.com@EquityClock
Seagen $SGEN a NASDAQ 100 stock moved above $151.90 completing a double bottom pattern.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for May 18th 2021
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for May 18th 2021
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for May 18th 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
The intermediate term Barometer dropped 5.61 to 70.14 yesterday. It remains Overbought.
The long term Barometer slipped 1.00 to 90.18 yesterday. It remain Extremely Overbought.
TSX Momentum Barometers
The intermediate term Barometer slipped 1.25 to 67.29 yesterday. It remains Overbought.
The long term Barometer slipped 0.36 to 76.64 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
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This post was originally publised at Vialoux's Tech Talk.
