Technical Notes for yesterday
Long term Treasury Bond iShares $TLT moved below $107.48 extending an intermediate downtrend.
Chile iShares $ECH moved above $29.82 extending an intermediate uptrend.
Japan iShares $EWJ moved below $51.56 extending an intermediate downtrend. Impacted by a hurricane
South Korea iShares $EWY moved below $55.02 extending an intermediate downtrend. Impacted by a hurricane!
Charter Communications $CHTR a NASDAQ 100 stock moved below $407.75 extending an intermediate downtrend.
Raytheon Technologies $RTX an S&P 100 stock moved below $87.10 extending an intermediate downtrend.
Medtronic $MDT an S&P 100 stock moved below $86.29 extending an intermediate downtrend.
Shopify $SHOP.TO a TSX 60 stock moved below $38.63 extending an intermediate downtrend.
TC Energy $TRP.TO a TSX 60 stock moved below $62.17 extending an intermediate downtrend.
Waste Connections $WCN.TO a TSX 60 stock moved above $186.10 to an all-time high extending an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for September 6th 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for September 6th 2022
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for September 6th 2021
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
Tom Bowley says “S&P 500 testing key support”.
https://www.youtube.com/watch?v=Uo3LXS3Nz0o
Leslie Jouflas “monitors the tech giants”
Monitoring The Tech Giants | Leslie Jouflas, CMT | Your Daily Five (09.06.22) – YouTube
S&P 500 Momentum Barometers
The intermediate term Barometer slipped 1.00 to 34.60 yesterday. It remains Oversold. Trend remains down.
The long term Barometer was unchanged at 27.80 yesterday. It remains Oversold. Trend remains down.
TSX Momentum Barometers
The intermediate term Barometer dropped 5.88 to 37.82 yesterday. It changed from Neutral to Oversold on a move below 40.00. Trend is down.
The long term Barometer was unchanged at 31.09 yesterday. It remains Oversold. Trend remains down.
Disclaimer: Seasonality ratings 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
