Tech Talk for Thursday March 10th 2016

March 10, 2016

2 minute read

StockTwits Released Yesterday

Has the S&P 500 Index reached target resistance around the 200 day moving average?

Technical action by S&P 500 stocks to 10:00: Quietly bullish. Intermediate breakouts: $DTE, $ED, $K, $CL, $SRE. No breakdowns.

Editor’s Note: After 10:00, five more S&P 500 stocks broke resistance: TSCO, IBM, CSCO, SCG and CA.

Nice breakout by BCE $BCE.CA above $59.19 to reach an all-time high.

Trader’s Corner

Daily Seasonal/Technical Equity Trends for March 9^th 2016

Green: Increase from previous day

Red: Decrease from previous day

Daily Seasonal/Technical Commodities Trends for March 9^th 2016

Green: Increase from previous day

Red: Decrease from previous day

Daily Seasonal/Technical Sector Trends for March 9^th 2016

Green: Increase from previous day

Red: Decrease from previous day

Special Free Services available through www.equityclock.com

Equityclock.com is offering free access to a data base showing seasonal studies on individual stocks and sectors. The data base holds seasonality studies on over 1000 big and moderate cap securities and indices. To login, simply go to http://www.equityclock.com/charts/ Following are examples:

Editor’s Note: Arc Resources was previously highlighted in Tech Talk as an attractive seasonal trade on February 18^th and George Weston was previously highlighted in Tech Talk as an attractive seasonal trade on February 23^rd.

Interesting Charts

Crude oil and gasoline prices lead strength in the commodity sector. ’Tis the season! Crude oil was highlighted as an attractive seasonal trade at $33.39 per barrel on February 23^rd and Gasoline ETN was highlighted as an attractive seasonal trade at $23.67 on February 25^th

Disclaimer: Seasonality and technical ratings offered in this report by www.timingthemarket.ca and 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

Author

Don Vialoux, EquityClock.com

Don Vialoux is the author of free daily reports on equity markets, sectors, commodities and Exchange Traded Funds. All of the views expressed herein are his personal views although they may be reflected in positions or transactions in the various client portfolios. Daily reports are available at http://www.timingthemarket.ca.