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.
Trader’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
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) – 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) – 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
