Tech Talk for Friday March 3rd 2023

da bull and and a bear

Don Vialoux on “Wolf on Bay Street

Don Vialoux is a guest on “Wolf on Bay Street” available on Corus Radio (Radio 640) at 7:00 PM EST tomorrow (Saturday).

Technical Notes

Oil & Gas Services ETF $PXJ moved above $5.83 extending an intermediate uptrend

Salesforce.com $CRM a Dow Jones Industrial Average stock moved above $178.84 extending an intermediate uptrend. The company offered positive guidance and announced a $20 billion share repurchase program.

Dollarama $DOL.TO a TSX 60 stock moved below $77.71 extending an intermediate downtrend.

Rogers Communications $RCI.B.TO a TSX 60 stock moved below Cdn$64.10 completing a double top pattern.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for March 2nd 2023

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for March 2nd 2023

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for March 2nd 2023

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Here Comes The Rotation! | Tom Bowley | Trading Places (03.02.23)

Here Comes The Rotation! | Tom Bowley | Trading Places (03.02.23) – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer added 3.20 to 45.60. It remains Neutral.

The long term Barometer gained 3.00 to 59.20. It remains Neutral.

TSX Momentum Barometers

The intermediate term Barometer dropped 4.26 to 48.51. It remains Neutral. Trend is down.

The long term Barometer was unchanged at 62.13. 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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