Tech Talk for Friday February 10th 2023

Technical Notes

General Motors $GM an S&P 100 stock moved above $42.27 completing a base building pattern.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for Feb.9^th 2023

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for Feb.9^th 2023

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for Feb.9^th 2023

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Lawrence G. McMillan Opinion: Watch the stock market closely now. If the S&P 500 breaks below 4100, the next stop could be 7% lower.

Editor’s Note: The S&P 500 closed yesterday at 4,081.50

https://www.marketwatch.com/story/watch-the-stock-market-closely-now-if-the-s-p-500-breaks-below-4100-the-next-stop-could-be-7-lower-11675966135?itm_source=parsely-api&mod=mw_pushly&send_date=20230209

Weakness Presents Opportunity | Tom Bowley | Trading Places (02.09.23)

https://www.youtube.com/watch?v=iLRkFyfc1l4

S&P 500 Momentum Barometers

The intermediate term Barometer dropped 5.20 to 62.40. It remains Overbought. Daily trend is down.

The long term Barometer slipped another 2.20 to 68.40. It remains Overbought. Daily trend is down.

TSX Momentum Barometers

The intermediate term Barometer dropped another 4.66 to 61.44. It remains Overbought. Daily trend resumed a downtrend.

The long term Barometer slipped 2.97 to 66.53. It remains Overbought.

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