by Don Vialoux, EquityClock.com
Technical Notes released yesterday at
StockTwits.com
While the VIX continues to show a trend of lower-highs, seasonal tendencies suggest that we should expect higher values before the quarter is complete. equityclock.com/2021/08/25/… $VIX $VXX $SVXY
Dollar Tree $DLTR a NASDAQ 100 stock moved below $61.55 resuming an intermediate downtrend.
Mondelez $MDLZ an S&P 100 stock moved below $61.55 completing a Head & Shoulders pattern
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for August 26th 2021
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for August 26th 2021
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for August 26th 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 5.68 to 63.86 yesterday. It remains Overbought.
The long term Barometer dropped 3.85 to 80.12 yesterday. It remains Extremely Overbought.
TSX Momentum Barometers
The intermediate term Barometer slipped 1.46 to 50.73 yesterday. It remains Neutral.
The long term Barometer eased 0.98 to 69.76 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.