Technical Notes for yesterday
Consumer Discretionary SPDRs $XLY moved below $133.55 and $132.46 extending an intermediate downtrend.
Walt Disney $DIS a Dow Jones Industrial Average stock moved below $90.71 and $90.23 following release of less than consensus fiscal fourth quarter results.
Medtronic $MDT an S&P 100 stock moved below $79.44 extending an intermediate downtrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for November 9th 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for November 9th 2022
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for November 9th 2021
Green: Increase from previous day
Red: Decrease from previous day
Link offered by a valued provider
Greg Schnell discusses “The changing mood of the U.S. Dollar”.
https://www.youtube.com/watch?v=GdnjxulW_D8
S&P 500 Momentum Barometers
The intermediate term Barometer dropped 5.40 to 59.80. It changed from Overbought to Neutral on a drop below 60.00.
The long term Barometer dropped 3.80 to 37.60. It changed from Neutral to Oversold on a drop below 40.00.
TSX Momentum Barometers
The intermediate term Barometer dropped 9.32 to 56.78. It changed from Overbought to Neutral on a drop below 60.00.
The long term Barometer dropped 6.36 to 34.22. It changed from Neutral to 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
