Technical Notes for yesterday
Merck $MRK a Dow Jones Industrial Average stock moved above $94.15 extending an intermediate uptrend.
UnitedHealth Group $UNH a Dow Jones Industrial Average stock moved above intermediate resistance at $503.98.
China Large Cap iShares $FXI moved above $34.15 extending an intermediate uptrend.
JD.com $JD a NASDAQ 100 stock moved above $67.72 completing a bullish reversal pattern.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for June 27th 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for June 27th 2022
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for June 27th 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 0.40 to 22.00 yesterday. It remains Oversold.
The long term Barometer added 0.80 to 24.80 yesterday. It remains Oversold. Trend is up.
TSX Momentum Barometers
The intermediate term Barometer added 0.84 to 15.48 yesterday. It remains Oversold. Trend is up.
The long term Barometer added 1.26 to 27.20 yesterday. It remains Oversold. Trend is up.
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.
