Tech Talk for Thursday August 6th 2020

Technical Notes for August 5^th

Copper Miners ETF (COPX) moved above $20.71 extending an intermediate uptrend.

Dow Jones Transportation Average iShares (IYT) moved above $179.39 extending an intermediate uptrend.

Barrick Gold (ABX), a TSX 60 stock moved above Cdn$40.04 to an all-time high extending an intermediate uptrend.

Disney (DIS), a Dow Jones Industrial stock moved above $127.82 following release of fiscal third quarter results extending an intermediate uptrend.

Berkshire Hathaway, an S&P 100 stock moved above $203.33 extending an intermediate uptrend.

Global X Fertilizer/Potash ETF (SOIL) moved above $7.98 extending an intermediate uptrend.

Canadian Tire (CTC.A), a TSX 60 stock moved above $127.39 extending an intermediate uptrend.

Trader’s Corner

Equity Indices and related ETFs

Daily Seasonal/Technical Equity Trends for August 5^th 2020

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Seasonal/Technical Commodities Trends for August 5^th 2020

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for August 5^th 2020

Green: Increase from previous day

Red: Decrease from previous day

Greg Schnell’s “Market Buzz”

Greg discusses, “Digital Strategy Success in Decimated Retail Sector”. Following is a link:

https://www.youtube.com/watch?v=a-nUuCeP71k&feature=youtu.be

S&P Momentum Barometer

The Barometer added 3.81 to 69.94 yesterday. It remains intermediate overbought.

TSX Momentum Barometer

The Barometer added 3.97 to 77.88 yesterday. It remains intermediate overbought.

Disclaimer: Seasonality 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