Technical Notes for yesterday
Starbucks $SBUX a Dow Jones Industrial Average stock moved above $89.93 extending an intermediate uptrend.
OāReilly Automotive $ORLY a NASDAQ 100 stock moved below $692.29 setting an intermediate downtrend.
Chart of the day
Technical score for Natural Gas increased from 0 to 4 when units moved above their 20 day moving average and strength relative to the S&P 500 Index changed from Negative to Neutral. In addition, the three daily momentum indicators (Stochastics, RSI and MACD) are trending higher and seasonal influences remain positive to October 31st
Traderās Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for September 14th 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for September 14th 2022
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for September 14th 2021
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
Mark Bunting and www.uncommonsenseinvestor.com offered the following links
Five Strategies for 60/40 Investors ā Uncommon Sense Investor
Greg Schnell discusses āFlip Flopping Marketsā
Flip Flopping Markets | Greg Schnell, CMT | Market Buzz (09.14.22) ā YouTube
S&P 500 Momentum Barometers
The intermediate term Barometer slipped 0.80 to 38.80 yesterday. It remains Oversold.
The long term Barometer slipped 0.40 to 31.60 yesterday. It remains Oversold.
TSX Momentum Barometers
The intermediate term Barometer was unchanged yesterday at 55.70. It remains Neutral.
The long term Barometer added 2.11 to 36.71 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
