Tech Talk for Tuesday July 5th 2022

Jul 05

Technical Notes for yesterday

Quiet day for the TSX yesterday! More technical evidence of an intermediate low appeared: Short term momentum indicators (daily MACD and RSI) continued to recover from Oversold levels. Percent of TSX stocks trading above their 50 and 200 day moving averages continued to improve from Oversold levels.

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Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for July 4th 2022

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Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for July 4th 2022

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Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for July 4th 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)

TSX Momentum Barometers

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The intermediate term Barometer added another 5.44 to 17.99 yesterday. The recovery from Extremely Oversold levels continues.

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The long term Barometer added another 2.93 to 26.78 yesterday. The recovery from Oversold levels continues.

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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