Technical Notes for yesterday
Vertex Pharmaceuticals $VRTX a NASDAQ 100 stock moved above $296.84 extending an intermediate uptrend.
American International Group $AIG an S&P 100 stock moved above $53.41 completing a double bottom pattern.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for August 9th 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for August 9th 2022
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for August 9th 2021
Green: Increase from previous day
Red: Decrease from previous day
Link offered by a valued provider
Tom Bowley notes “S&P 500 short term top is here”
S&P 500 Short-Term TOP is Here | Tom Bowley | Trading Places (08.09.22) – YouTube
S&P 500 Momentum Barometers
The intermediate term Barometer dropped 2.00 to 72.80 yesterday. It remains Overbought.
The long term Barometer dropped 2.00 to 35.60 yesterday. It remains Oversold.
TSX Momentum Barometers
The intermediate term Barometer dropped 2.52 to 57.98 yesterday. It changed from Overbought to Neutral on a move below 60.00.
The long term Barometer slipped 0.84 to 36.97 yesterday. It remains Oversold.
Disclaimer: Seasonality ratings 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
