Tech Talk for Tuesday November 19th 2024

Daily Reports Add comments

Technical Notes

First Trust Natural Gas ETF $FCG moved above $25.70 setting an intermediate uptrend. Strength was prompted by a seasonally early snow storm in western Canada and U.S.A.

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Trader’s Corner

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Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for November 18th 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 November 18th 2024

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Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for November 18th 2024

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Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Don’t Miss These Breakouts Poised To Trade Higher! Mary Ellen McGonagle

Don’t Miss These Breakouts Poised To Trade Higher! – YouTube

The Trump trade is still intact, says Fundstrat’s Tom Lee

The Trump trade is still intact, says Fundstrat’s Tom Lee – YouTube

BMO’s Brian Belski explains his 2025 year-end target of $6,700

BMO’s Brian Belski explains his 2025 year-end target of $6,700 – YouTube

Equity Strategists Full of Bull For 2025: Guy Adami and Dan Nathan

Equity Strategists Full of Bull For 2025 – YouTube

Goldman Sachs’ Sung Cho is bullish on software in 2025

Goldman Sachs’ Sung Cho is bullish on software in 2025 – YouTube

S&P 500 Momentum Barometers

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The intermediate term Barometer added 2.20 to 57.20. It remains Neutral.

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The long term Barometer added 1.40 to 70.00. It remains Overbought.

TSX Momentum Barometers

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The intermediate term Barometer added 7.73 to 57.27. It remains Neutral.

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The long term Barometer added 3.64 to 72.73. 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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