Technical Notes for yesterday
Emerson Electric $EMR an S&P 100 stock moved above $84.01 completing a double bottom pattern.
Telus $T.TO a TSX 60 stock moved above $29.10 completing a base building pattern.
TC Energy $TRP.TO a TSX 60 stock moved above $69.10 resuming an intermediate uptrend.
Canadian Pacific $CP.TO a TSX 60 stock moved above $96.07 extending an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for July 25th 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for July 25th 2022
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for July 25th 2021
Green: Increase from previous day
Red: Decrease from previous day
S&P 500 Momentum Barometers
The intermediate term Barometer added 4.20 to 60.40 yesterday. It changed from Neutral to Overbought on a move above 60.00. Trend remains up.
The long term Barometer added 3.00 to 25.80 yesterday. It remains Oversold. Trend remains up.
TSX Momentum Barometers
The intermediate term Barometer added 3.38 to 43.28 yesterday. It changed from Oversold to Neutral on a move above 40.00. Trend remains up.
The long term Barometer added 2.94 to 30.67 yesterday. It remains Oversold. Trend remains up.
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