Tech Talk for Thursday June 30th 2022

Technical Note for yesterday

ProShares Inflation Expectations ETF $RINF moved below $31.82 completing a double top pattern. Units are anticipating a favourable PCE Price Index report released at 8:30 AM EDT.

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Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for June 29th 2022

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Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for June 29th 2022

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Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for June 29th 2021

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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)

Links offered by valued providers

Greg Schnell links:

Rough Seas Leave Investors Frustrated | The Canadian Technician | StockCharts.com

The Benefits of Relative Strength | Greg Schnell, CMT | Market Buzz (04.27.22) – YouTube

Mark Bunting and www.uncommonsenseinvestor.com links:

11 Reasons to Get More Bullish on Equities – Uncommon Sense Investor

S&P 500 Momentum Barometers

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The intermediate term Barometer added 0.20 to 15.00 yesterday. It remains Oversold.

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The long term Barometer added 0.40 to 23.40 yesterday. It remains Oversold.

TSX Momentum Barometers

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The intermediate term Barometer slipped 2.51 to 12.55 yesterday. It remains Oversold.

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The long term Barometer eased 1.87 to 25.52 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.

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