Tech Talk for Wednesday April 13th 2022

Technical Notes released yesterday at

StockTwits.com@EquityClock

Silver stocks are responding to strength in silver prices and related ETF $SIL Pan american Silver $PAAS moved above $29.15 extending an intermediate uptrend.

Gold Miners ETF $GDX moved above $40.26 extending an intermediate uptrend.

Bond ETFs have moved lower in a parabolic manner, making their trajectories unsustainable. equityclock.com/2022/04/11/… $IEF $SHY $TLT $TBT

Horizons Enhanced Income Gold Producer ETF $HEP.CA moved above Cdn$32.57 extending an intermediate uptrend. Seasonal influences are favourable to June 2nd . If a subscriber to EquityClock, see seasonality chart at https://charts.equityclock.com/horizons-enhanced-income-gold-producers-etf-tsehep-to-seasonal-chart

Semiconductor iShares $SOXX moved below $417.57 extending an intermediate downtrend.

Cisco $CSCO a NASDAQ 100 stock moved below $52.34 extending an intermediate downtrend.

Scotia Bank $BNS.CA a TSX 60 stock moved below Cdn$86.67 completing a Head & Shoulders pattern.

TSX Financial Services Index $SPTFS moved below 397.48 completing a Head & Shoulders pattern.

Toronto Dominion Bank $TD.CA a TSX 60 stock completed a Head & Shoulder pattern on a move below $94.84

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for April 12^th 2022

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for April 12^th 2022

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for April 12^th 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)

S&P 500 Momentum Barometers

The intermediate term Barometer slipped another 1.00 to 50.90 yesterday. It remains Neutral. Trend is down.

The long term Barometer eased another 0.60 to 47.49 yesterday. It remains Neutral. Trend is down.

TSX Momentum Barometers

The intermediate term Barometer dropped 1.33 to 54.87 yesterday. It remains Neutral. Trend is down.

The long term Barometer added 0.44 to 61.50 yesterday. It remains Overbought. Trend is down.

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.