by Don Vialoux, EquityClock.com
Technical Notes released yesterday at
Long term Treasury iShares $TLT moved above $145.85 extending an intermediate uptrend.
Eurozone iShares $EZU moved below $49.12 completing a double top pattern
Wheat ETN $WEAT moved below $6.33 completing a double top pattern.
The auto ETF $CARZ moved below $59.62 completing a double top pattern
Ford $F an S&P 100 stock moved below $14.44 completing a double top pattern
Amazon $AMZN a Dow Jones Industrial Average stock moved above $3554.00 to an all-time high extending an intermediate uptrend.
Salesforce $CRM an S&P 100 stock moved above intermediate resistance at $251.23 extending an intermediate uptrend.
Schlumberger $SLB an S&P 100 stock moved below $31.28 completing a Head & Shoulders pattern
Pinduoduo $PDD a NASDAQ 100 stock moved below $112.33 extending an intermediate downtrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for July 6th 2021
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for July 6th 2021
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for July 6th 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
Seasonality Chart of the Day from www.EquityClock.com
The Technology Sector and its related ETFs have a history of moving higher on a real and relative basis (relative to the S&P 500) between now and at least early November.
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.
