Technical Notes
Gold Miners ETF $GDX moved below intermediate support at $27.55
IBM an S&P 100 stock moved below intermediate support at $131.19
Palo Alto Networks $PANW a NASDAQ 100 stock moved above $178.97 after reporting higher than consensus quarterly results.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for Feb.22nd 2023
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for Feb.22nd 2023
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for Feb.22nd 2023
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
Have We Seen This Before? | Greg Schnell, CMT | Market Buzz (02.21.23)
https://www.youtube.com/watch?v=i08OZ_IogwE
Key Support Levels For 5 Major Charts | Larry Tentarelli | Your Daily Five (02.21.23)
Key Support Levels For 5 Major Charts | Larry Tentarelli | Your Daily Five (02.21.23) – YouTube
S&P 500 Momentum Barometers
The intermediate term Barometer slipped 1.00 to 48.40. It remains Neutral. Trend is down.
The long term Barometer slipped 0.60 to 62.40. It remains Overbought. Trend is down.
TSX Momentum Barometers
The intermediate term Barometer added 0.85 to 50.42. It remains Neutral.
The long term Barometer was unchanged at 59.32. 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
