Technical Notes for yesterday
Financial SPDRs $XLF moved below $30.21 extending an intermediate downtrend.
Medical Devices iShares $IHI moved below $47.13 extending an intermediate downtrend.
Italy iShares $EWI moved below $21.21 extending an intermediate downtrend.
Insurance iShares $IAK moved below $78.17 extending an intermediate downtrend.
JP Morgan $JPM a Dow Jones Industrial Average stock moved below $106.06 extending an intermediate downtrend.
Phillip Morris International $PM an S&P 100 stock moved below $87.03 extending an intermediate downtrend.
Exelon $EXC an S&P 100 stock moved below $39.87 extending an intermediate downtrend.
Fox $FOX an S&P 100 stock moved below $28.73 extending an intermediate downtrend.
Mondelez $MDLZ a NASDAQ 100 stock moved below $57.49 extending an intermediate downtrend.
BCE $BCE.TO a TSX 60 stock moved below $60.52 extending an intermediate downtrend.
Power Corp $POW.TO a TSX 60 stock moved below $32.12 extending an intermediate downtrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for September 27th 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for September 27th 2022
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for September 27th 2021
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
Tom Bowley says “I’m calling this market bottom 2.0”.
I’m Calling This Market Bottom 2.0 | Tom Bowley | Trading Places (09.27.22) – YouTube
Greg Taylor says “If the U.S. Dollar breaks down, gold could be the best performing asset”
If the U.S. dollar breaks down, gold could be the best-performing asset class: Greg Taylor – YouTube
S&P 500 Momentum Barometers
The intermediate term Barometer added 0.40 to 3.40 yesterday. It remains extremely Oversold, but showing early signs of bottoming. Trend remains down
The long term Barometer dropped another 1.20 to 11.40 yesterday. It remains Oversold. Trend remains down.
TSX Momentum Barometers
The intermediate term Barometer added 0.85 to 8.05 yesterday. It remains extremely Oversold, but showing early signs of bottoming. Trend remains down.
The long term Barometer added 0.42 to 17.37. It remains Oversold, but showing early signs of bottoming. Trend remains down.
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
