by Don Vialoux, EquityClock.com
Technical Notes for Monday April 26th
The Canadian Dollar moved above US80.64 to a three year high extending an intermediate uptrend.
The CRB Index moved above 196.15 to a 30 month high extending an intermediate uptrend.
Spot Copper moved above $4.38 per lb to a 10 year high extending an intermediate uptrend.
S&P Metals & Mining iShares (XME) moved above $41.90 to an all-time high extending an intermediate uptrend.
Palladium ETN (PALL) moved above $273.16 to an all-time high extending a long term uptrend.
Coffee ETN (JJOFF) moved above $11.75 extending an intermediate uptrend.
Amex Biotech ETF (FBT) moved above $166.44 resuming an intermediate uptrend.
Emerging markets ETF (EEM) moved above $54.60 resuming an intermediate uptrend.
MasterCard (MA), an S&P 100 stock moved above $389.04 to an all-time high extending an intermediate uptrend.
Skyworks Solutions (SWKS), a NASDAQ 100 stock moved above $195.82 to an all-time high extending an intermediate uptrend.
Emerson Electric (EMR), an S&P 100 stock moved above $93.38 to an all-time high extending an intermediate uptrend.
Kinder Morgan (KMI), an S&P 100 stock moved above $16.95 extending an intermediate uptrend.
Advanced Micro Devices (AMD), a NASDAQ 100 stock moved above $84.75 setting an intermediate uptrend.
National Bank (NA), a TSX 60 stock moved above $88.39 to an all-time high extending an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for April 26th 2021
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for April 26th 2021
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for April 26th 2021
Green: Increase from previous day
Red: Decrease from previous day
All seasonality ratings are based on performance relative to the S&P 500 Index
S&P 500 Momentum Barometers
The intermediate term Barometer added 1.00 to 88.78 yesterday. It remains Extremely Overbought.
The long term Barometer slipped 0.60 to 95.79 yesterday. It remains Extremely Overbought.
TSX Momentum Barometers
The intermediate term Barometer added 0.37 to 73.74 yesterday. It remains Overbought
The long term Barometer added 0.41 to 81.31 yesterday. It remains Extremely 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
This post was originally publised at Vialoux's Tech Talk.