Technical Notes for yesterday
Twitter $TWTR a NASDAQ 100 stock moved below $35.50 extending an intermediate downtrend. Musk terminated his offer for the company.
Cognizant $CTSH a NASDAQ 100 stock moved below $65.24 extending an intermediate downtrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for July 11th 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for July 11th 2022
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for July 11th 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)
Next CATA Meeting
Next meeting of the Canadian Association for Technical Analysis is scheduled this evening at 8:00 PM EDT. Speaker is Andrew Aziz from Bear Bull Traders. Interested in membership? Link is CATA Meeting July 12 with Andrew Aziz – Events – Canadian Association for Technical Analysis (clubexpress.com)
S&P 500 Momentum Barometers
The intermediate term Barometer dropped 2.00 to 26.40 yesterday. It remains Oversold.
The long term Barometer slipped 1.00 to 22.40 yesterday. It remains Oversold.
TSX Momentum Barometers
The intermediate term Barometer dropped 3.36 to 20.59 yesterday. It remains Oversold.
The long term Barometer slipped 2.52 to 23.95 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.
