Technical Notes
Pinduoduo $PDD a NASDAQ 100 stock moved above $93.16 extending an intermediate uptrend.
Seagen $SGEN a NASDAQ 100 stock moved above $135.20 completing a reverse Head & Shoulders pattern.
Eli Lilly $LLY an S&P 100 stock moved below $354.61 completing a double top pattern.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for January 5th 2023
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for January 5th 2023
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for January 5th 2023
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
Larry Williams offers his outlook for 2023
https://www.youtube.com/watch?v=FEerD4AP4sw
Seasonality Points to a Weak Start for 2023! | Julius de Kempenaer | Sector Spotlight (01.03.23)
https://www.youtube.com/watch?v=bKtXEoyrOWc&t=185s
Greg Schnell discusses “Setting up 2023 Charts and Settings”
Setting Up 2023 Charts and Settings | Greg Schnell, CMT | Market Buzz (01.04.23) – YouTube
S&P 500 Momentum Barometers
The intermediate term Barometer dropped 11.40 to 46.00. It remains Neutral.
The long term Barometer dropped 4.20 to 49.00. It remains Neutral.
TSX Momentum Barometers
The intermediate term Barometer dropped 5.08 to 50.86. It remains Neutral.
The long term Barometer slipped 0.85 to 48.73. It remains Neutral.
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
