Technical Notes
Financial SPDRs $XLF moved above $36.26 extending an intermediate uptrend.
Midcap 400 SPDRs $MDY moved above $479.30 extending an intermediate uptrend.
Russell 2000 iShares $IWM moved above $188.69 extending an intermediate uptrend.
U.S. Insurance iShares $IAK moved above $94.62 to an all-time high extending an intermediate uptrend.
Okta $OKTA a NASDAQ 100 stock moved above $74.18 extending an intermediate uptrend
Lundin Mining $LUN.TO moved above Cdn$9.95 extending an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for January 31st 2023
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for January 31st 2023
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for January 31st 2023
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
Comments from Wall Street’s biggest “bear”
Tom Bowley asks “Has the S&P 500 topped”?
https://www.youtube.com/watch?v=pCl152odcCc
S&P 500 Momentum Barometers
The intermediate term Barometer advanced 7.00 to 74.00. It remains Overbought.
The long term Barometer added 7.00 to 72.40. It remains Overbought. Trend remains up.
TSX Momentum Barometers
The intermediate term Barometer advanced 4.24 to 79.23. It remains Overbought.
The long term Barometer added 2.12 to 72.88. It remains Overbought. Trend remains up.
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
