Tech Talk for Thursday February 9th 2023

da bull and and a bear

Technical Notes

Fox $FOX and $FOXA S&P 100 stocks moved above $33.73 and $36.49 respectively extending an intermediate uptrend

Wells Fargo $WFC an S&P 100 stock moved above $48.05 extending an intermediate uptrend

Emerson $EMR an S&P 100 stock moved below $86.62 extending an intermediate downtrend.

Fortis $FTS.TO a TSX 60 stock moved below $53.90 completing a double top pattern.

Traderā€™s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for Feb.7th 2023

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for Feb.8th 2023

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for Feb.8th 2023

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Mark Bunting and www.uncommonsenseinvestor.com

Newmontā€™s $17 Billion Newcrest Deal Could Signal Multi-Year Bull Run for Gold. Hereā€™s Why. ā€“ Uncommon Sense Investor

Catch Your Next Big Profit Trend | Greg Schnell, CMT | Market Buzz (02.08.23)

Catch Your Next Big Profit Trend | Greg Schnell, CMT | Market Buzz (02.08.23) ā€“ YouTube

Analyzing The Oil Service Group | Bruce Fraser | Your Daily Five (02.08.23)

Analyzing The Oil Service Group | Bruce Fraser | Your Daily Five (02.08.23) ā€“ YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer dropped 4.00 to 67.60. It remains Overbought.

The long term Barometer dropped 2.20 to 70.60. It remains Overbought. Daily trend has turned down.

TSX Momentum Barometers

The intermediate term Barometer was unchanged at 66.10. It remains Overbought.

The long term Barometer added 0.85 to 69.49. It remains Overbought.

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

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