by Don Vialoux, EquityClock.com
Technical Notes for Wednesday September 9th
Walgreens Boots (WBA), a Dow Jones Industrial stock moved below $35.83 extending an intermediate downtrend.
Mylan (MYL), a NASDAQ 100 stock moved below $15.29 setting an intermediate downtrend.
Align Technology (ALGN), a NASDAQ 100 stock moved above $326.36 extending an intermediate uptrend.
Trader’s Corner
Equity Indices and related ETFs
Daily Seasonal/Technical Equity Trends for September 9th 2020
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Seasonal/Technical Commodities Trends for September 9th 2020
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for September 9th 2020
Green: Increase from previous day
Red: Decrease from previous day
Market Buzz
Greg Schnell asks, “Will other sectors break”? Following is a link:
https://www.youtube.com/watch?v=7yRFvbgiWL0&feature=youtu.be
S&P 500 Momentum Barometer
The Barometer gained 8.02 to 62.32 yesterday. It changed back from intermediate neutral to intermediate overbought on a recovery above 60.00.
TSX Momentum Barometer
The Barometer gained 7.66 to 57.89 yesterday. It remains intermediate neutral.
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
This post was originally publised at Vialoux's Tech Talk.
