by Don Vialoux, Timingthemarket.ca
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StockTwits Released Yesterday @EquityClock
S&P 500 Equally Weighted Index outperforming the market suggesting improving breadth
Technical action by S&P 500 stocks to 10:15 AM: Quiet. No S&P 500 stocks broke intermediate support or resistance.
Editorās Note: After 10:15 AM, 4 S&P 500 stocks broke intermediate resistance: $FFIV, $EOG, $WDC and $NWSA. None broke support.
Nice breakout by Imperial Oil $IMO.CA above resistance at $44.35 to complete a base building pattern!
Nice breakout by Shaw Communications $SJR above resistance at US $18.07 to complete a base building pattern!
Momentum stocks lagging this market as breadth improves. $MTUB $FB $AMZN $GOOG $GOOGL
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Traderās Corner
Daily Seasonal/Technical Equity Trends for March 7th 2016
Green: Increase from previous day
Red: Decrease from previous day
Daily Seasonal/Technical Commodities Trends for March 7th 2016
Green: Increase from previous day
Red: Decrease from previous day
Daily Seasonal/Technical Sector Trends for March 4th 2016
Green: Increase from previous day
Red: Decrease from previous day
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Interesting Charts
Rising commodity prices and related ETFs (e.g. DBC, GSG) are leading equity markets on the upside
Gasoline and crude oil prices led the commodity sector yesterday. āTis the season for strength!
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