Technical Notes
Walt Disney $DIS a Dow Jones Industrial Average stock moved above intermediate resistance at $100.89
Morgan Stanley $MS an S&P 100 stock moved above $95.16 extending an intermediate uptrend.
U.S. Crude Oil ETN $USO moved above $70.54 completing a double bottom pattern.
CDW Corp. $CDW a NASDAQ 100 stock moved above $197.00 extending an intermediate uptrend.
Thomson Reuters $TRI.TO a TSX 60 stock moved above Cdn$159.82 to an all-time high extending an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for January 17th 2023
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for January 17th 2023
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for January 17th 2023
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
Sprott Monthly Report
Sprott Monthly Report: 2023 Top 10 Watch List
S&P 500 Rallies Ahead of Key Inflation Data | Tom Bowley | Trading Places
https://www.youtube.com/watch?v=3eEF3rEEcp0
S&P Momentum Barometers
The intermediate term Barometer slipped 1.20 to 75.80. It remains Overbought.
The long term Barometer slipped 1.00 to 65.20. It remains Overbought.
TSX Momentum Barometers
The intermediate term Barometer added 1.69 to 77.84. It remains Overbought. Short term trend remains up.
The long term Barometer added 0.42 to 69.49. It remains Overbought. Short term trend remains up.
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
