Tech Talk for Tuesday March 26th 2024

March 26, 2024 / www.timingthemarket.ca / Article Link

Walt Disney $DIS a Dow Jones Industrial Average stock moved above $117.80 extending an intermediate uptrend.

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DexCom $DXCM a NASDAQ 100 stock moved above $139.55 extending an intermediate uptrend.

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Allstate $ALL a NASDAQ 100 stock moved above $167.08 to an all-time extending an

intermediate uptrend.

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Accenture $ACN an S&P 100 stock moved below $333.78 extending an intermediate downtrend.

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Suncor $SU.TO a TSX 60 stock moved above Cdn$49.35 to an all-time high extending an intermediate uptrend.

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CGI Group $GIB a TSX 60 stock moved below intermediate support at US$110.23

Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for March 25th 2024

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Green: Increase from previous day

Red: Decrease from previous day

Source for all positive seasonality ratings: www.EquityClock.com

 

Commodities

Daily Seasonal/Technical Commodities Trends for March 25th 2024

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Green: Increase from previous day

Red: Decrease from previous day

 

Sectors

Daily Seasonal/Technical Sector Trends for March 25th 2024

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Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Money Is Flowing Into Energy: John Kosar

(Note seasonality chart on the Energy sector)

https://www.youtube.com/watch?v=chDkaPNVvD4

 

Is The Market Entering The "Goldilocks" Zone? | On The Tape Investing & Trading Podcast: Dan Nathan, Guy Adami and Liz Young

(Note Goldman's comment on the commodity sector at 29:55 minutes)

https://www.youtube.com/watch?v=cr7hIwMyzdI

 

S&P 500 Momentum Barometers

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The intermediate term Barometer dropped 1.40 to 75.40. It remains Overbought.

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The long term Barometer slipped 0.80 to 80.00. It remains Overbought.

 

TSX Momentum Barometers

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The intermediate term Barometer dropped 1.79 to 66.52. It remains Overbought.

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The long term Barometer dropped 1.79 to 68.30. 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


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