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.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for June 29th 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for June 29th 2022
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for June 29th 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)
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
The intermediate term Barometer added 0.20 to 15.00 yesterday. It remains Oversold.
The long term Barometer added 0.40 to 23.40 yesterday. It remains Oversold.
TSX Momentum Barometers
The intermediate term Barometer slipped 2.51 to 12.55 yesterday. It remains Oversold.
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.
