Tech Talk for Thursday December 8th 2022

Editor’s Note: No pre-opening comment today

Technical Notes

Oil Services ETF $OIH moved below $284.52 completing a double top pattern.

AT&T an S&P 100 stock moved above $19.39 extending an intermediate uptrend.

PayPal a NASDAQ 100 stock moved below $71.17 extending an intermediate downtrend.

Cenovus a TSX 60 stock moved below $25.03 completing a double top pattern.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for December7^th 2022

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for December 7^th 2022

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for December 6^th 2021

Green: Increase from previous day

Red: Decrease from previous day

Link offered by a valued provider

Link from Mark Bunting and www.uncommonsenseinvestor.com

Investment Outlook 2023 – Uncommon Sense Investor

S&P 500 Momentum Barometers

The intermediate term Barometer added 0.60 to 79.20. It remains Overbought.

The long term Barometer dropped 1.00 to 56.00. It remains Neutral. Trend is down.

TSX Momentum Barometers

The intermediate term Barometer added 0.42 to 67.37. It remains Overbought.

The long term Barometer slipped 0.42 to 47.67. It remains Neutral. Trend is 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