Tech Talk for Friday October 23rd 2020

Technical Notes for Thursday October 22^nd

CSX Corp.(CSX), an S&P 100 stock moved above $81.40 to an all-time high extending an intermediate uptrend following release of higher than consensus third quarter earnings.

Citrix Systems (CTXS), a NASDAQ 100 stock moved below $131.15 completing a Head & Shoulders pattern.

IBM (IBM), a Dow Jones Industrial Average stock moved below $113.71 setting an intermediate downtrend.

Travelers (TRV), a Dow Jones Industrial Average stock moved above $126.33 extending an intermediate uptrend

Southern Companies (SO), an S&P 100 stock moved above $60.43 resuming an intermediate uptrend.

Open Text (OTEX), a TSX 60 stock moved below U.S. $40.59 extending an intermediate downtrend.

Rogers Communications (RCI.B), a TSX 60 stock moved above $58.15 setting an intermediate uptrend.

Bitcoin (NYXBT) moved above $12,163.73 extending an intermediate uptrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for October 22^nd 2020

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for October 22^nd 2020

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for October 22^nd 2020

Green: Increase from previous day

Red: Decrease from previous day

S&P 500 Momentum Barometer

The Barometer added 5.29 to 66.33 yesterday. It remains intermediate overbought.

TSX Momentum Barometer

The Barometer added 0.48 to 56.19 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