by Don Vialoux, EquityClock.com
May 04
Technical Notes released yesterday at
Este Lauder $EL moved below $248.42 extending an intermediate downtrend. The company reported less than consensus earnings.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for May 3rd 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for May 3rd 2022
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for May 3rd 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 added 4.01 to 29.06 yesterday. It remains Oversold.
The long term Barometer added 2.00 to 38.08 yesterday. It remains Oversold.
TSX Momentum Barometers
The intermediate term Barometer added 3.09 to 24.09 yesterday. It remains Oversold.
The long term Barometer added 1.61 to 47.73 yesterday. It remains Neutral.
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.