by Don Vialoux, EquityClock.com
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Technical Notes released yesterday at
Ross Stores $ROST a NASDAQ 100 stock moved below $114.11 completing a Head & Shoulders pattern
MMM $MMM a Dow Jones Industrial Average stock moved below $190.08 completing a double top pattern.
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Traderâs Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for September 7th 2021
Green: Increase from previous day
Red: Decrease from previous day
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Commodities
Daily Seasonal/Technical Commodities Trends for September 7th 2021
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for September 7th 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 dropped 6.51 to 59.72 yesterday. It changed from Overbought to Neutral on a move below 60.00 and is trending down.
The long term Barometer dropped 2.00 to 78.76 yesterday. It changed from Extremely Overbought to Overbought by moving below 80.00 and is trending down.
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TSX Momentum Barometers
The intermediate term Barometer dropped 3.14 to 61.88 yesterday. It remains Overbought.
The long term Barometer slipped 1.60 to 74.26 yesterday. It remains 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.