Tech Talk for Thursday November 10th 2022

November 10, 2022 / www.timingthemarket.ca / Article Link

There will be no Pre-opening comments available today.

 

Technical Notes for yesterday

Consumer Discretionary SPDRs $XLY moved below $133.55 and $132.46 extending an intermediate downtrend.

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Walt Disney $DIS a Dow Jones Industrial Average stock moved below $90.71 and $90.23 following release of less than consensus fiscal fourth quarter results.

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Medtronic $MDT an S&P 100 stock moved below $79.44 extending an intermediate downtrend.

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Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for November 9th 2022

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Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for November 9th 2022

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Green: Increase from previous day

Red: Decrease from previous day

 

Sectors

Daily Seasonal/Technical Sector Trends for November 9th 2021

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Green: Increase from previous day

Red: Decrease from previous day

 

Link offered by a valued provider

Greg Schnell discusses "The changing mood of the U.S. Dollar".

https://www.youtube.com/watch?v=GdnjxulW_D8

 

S&P 500 Momentum Barometers

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The intermediate term Barometer dropped 5.40 to 59.80. It changed from Overbought to Neutral on a drop below 60.00.

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The long term Barometer dropped 3.80 to 37.60. It changed from Neutral to Oversold on a drop below 40.00.

 

TSX Momentum Barometers

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The intermediate term Barometer dropped 9.32 to 56.78. It changed from Overbought to Neutral on a drop below 60.00.

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The long term Barometer dropped 6.36 to 34.22. It changed from Neutral to Oversold.

 

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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