by Don Vialoux, Equity Clock
Technical Notes for Yesterday
Soybean ETN $SOYB moved above $27.11 to an all-time high extending an intermediate uptrend.
Turkey ETF $TUR moved below $19.92 setting an intermediate downtrend.
Regeneron $REGN a NASDAQ 100 stock moved below $597.76 setting an intermediate downtrend.
Intel $INTC a Dow Jones Industrial Average stock moved below $40.31 extending an intermediate downtrend.
Peloton $PTON a NASDAQ 100 stock moved below $11.25 extending an intermediate downtrend.
Xcel Energy $XEL a NASDAQ 100 stock moved below intermediate support at $71.02.
Nikkei Average moved above 28,338.81 setting an intermediate uptrend.
Traderâs Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for June 9th 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for June 9th 2022
Green: Increase from previous day
Red: Decrease from previous day
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Sectors
Daily Seasonal/Technical Sector Trends for June 9th 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 plunged 14.28 to 24.00 yesterday. It changed from Neutral to Oversold on a move below 40.00.
The long term Barometer dropped 5.27 to 29.40 yesterday. It remains Oversold.
TSX Momentum Barometers
The intermediate term Barometer dropped 1.36 to 32.27 yesterday. It remains Oversold.
The long term Barometer dropped 4.89 to 36.36 yesterday. It changed from Neutral to Oversold on a move below 40.00.
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.