Technical Notes for yesterday
Kinross Gold $K.TO a TSX 60 stock moved above Cdn$4.77 completing a base building pattern.
Utilities SPDRs $XLU moved below $74.05 completing a double top pattern.
Energy SPDRs XLE moved below $76.78 setting an intermediate downtrend.
First Trust Natural Gas ETF $FCG moved below $24.83 setting an intermediate downtrend. .
Microsoft $MSFT a Dow Jones Industrial Average stock moved below $241.00 resuming an intermediate downtrend.
Check Point $CHKP a NASDAQ 100 stock moved below $116.44 extending an intermediate downtrend.
Okta $Okta a NASDAQ 100 stock moved below $58.12 extending an intermediate downtrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for September 19th 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for September 19th 2022
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for September 19th 2021
Green: Increase from previous day
Red: Decrease from previous day
S&P 500 Momentum Barometers
The intermediate term Barometer added 6.00 to 32.00 yesterday. It remains Oversold.
The long term Barometer added 1.40 to 29.00 yesterday. It remains Oversold.
TSX Momentum Barometers
The intermediate term Barometer added 5.91 to 47.26 yesterday. It remains Neutral.
The long term Barometer added 2.95 to 33.33 yesterday. It remains Oversold.
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
