Tech Talk for Tuesday March 7th 2023

Technical Notes

Industrial SPDRs $XLI moved above $103.99 extending an intermediate uptrend.

MercadoLibre $MELI a NASDAQ 100 stock moved above $1,250.48 extending an intermediate uptrend.

Trader’s Corner

Note changes in seasonal ratings. They have been coordinated with EquityClock’s ratings indicating periods of Positive seasonal strength when available. Sectors not rated as Positive have been given a Neutral rating.

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for March 6^th 2023

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for March 6^th 2023

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for March 6^th 2023

Green: Increase from previous day

Red: Decrease from previous day

S&P 500 Momentum Barometers

The intermediate term Barometer dropped 3.00 to 50.80. It remains Neutral.

The long term Barometer dropped 2.60 to 62.60. It remains Overbought.

TSX Momentum Barometers

The intermediate term Barometer dropped 5.11 to 54.89. It remains Neutral.

The long term Barometer dropped 1.28 to 65.11. 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