by Don Vialoux, EquityClock.com
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Attention CMT Association Members
Don Vialoux is giving a presentation to members today at 12:00 Noon EST. Focus is on the outlook for North American equity markets for 2022.
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Technical Notes for Yesterday at
Precious metal prices continue to move higher. Palladium ETN $PALL moved above $204.67 extending an intermediate uptrend. Seasonal influences are strongly favourable to the end of February. If a subscriber to EquityClock, see seasonality chart at https://charts.equityclock.com/etfs-physical-palladium-shares-nysepall-seasonal-chart
Honeywell $HON an S&P 100 stock moved below $198.10 extending an intermediate downtrend.
Nextera Energy $NEE an S&P 100 stock moved below $76.67 extending an intermediate downtrend.
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Traderâs Corner
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Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for Jan.25th 2022
Green: Green:Â Increase from previous day
Red: Decrease from previous day
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Commodities
Daily Seasonal/Technical Commodities Trends for Jan.25th 2022
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for Jan.25th 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 (except TSX)
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S&P 500 Momentum Barometers
The intermediate term Barometer slipped another 1.40 yesterday to 31.66. It remains Oversold and trending down.
The long term Barometer dropped another 5.01 to 49.50 yesterday. It remains Neutral and trending down.
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TSX Momentum Barometers
The intermediate term Barometer added 4.98 to 37.10 yesterday. It remains Oversold.
The long term Barometer added 0.45 to 48.42 yesterday. It remains Neutral.
Disclaimer: Seasonality and technical ratings offered in this report and at
www.equityclock.comare 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.