Dec 07
Technical Notes
TSX Energy iShares $XEG.TO moved below $16.02 completing a double top pattern. Leading the sector on the downside was Imperial Oil $IMO.TO, a TSX 60 stock, completing a double top pattern on a move below Cdn$72.28. Canadian Natural Resources $CNQ.TO, a TSX 60 stock moved below $76.76 completing a double top pattern.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for December 6th 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for December 6th 2022
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for December 6th 2021
Green: Increase from previous day
Red: Decrease from previous day
S&P 500 Momentum Barometers
The intermediate term Barometer dropped 5.00 to 78.60. It remains Overbought. Trend has turned down.
The long term Barometer dropped 2.60 to 57.00. It remains Neutral. Trend has turned down.
TSX Momentum Barometers
The intermediate term Barometer plunged 11.02 to 66.95. It remains Overbought. Trend has turned down.
The long term Barometer dropped 3.39 to 47.88. It remains Neutral. Trend has turned 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
