Technical Notes for yesterday
Nike $NKE a Dow Jones Industrial Average stock moved below $103.20 following release of quarterly results extending an intermediate downtrend.
Trip.com $TCOM a NASDAQ 100 stock moved above $25.04 and $25.57 extending an intermediate uptrend.
Boeing $BA a Dow Jones Industrial Average stock moved above intermediate resistance at $142.31.
Lithium ETN $LIT moved above $77.02 setting an intermediate uptrend.
Hong Kong iShares $EWH moved above $22.20 setting an intermediate uptrend.
Baidu $BIDU a NASDAQ 100 stock moved above $155.70 extending an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for June 28th 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for June 28th 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 dropped 7.20 to 14.80 yesterday. It remains Oversold.
The long term Barometer eased 1.80 to 23.00 yesterday. It remains Oversold.
TSX Momentum Barometers
The intermediate term Barometer slipped 0.42 to 15.06 yesterday. It remains Oversold.
The long term Barometer was unchanged at 27.20 yesterday. It remains Oversold.
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.
