Tech Talk for Thursday January 16th 2025

Daily Reports Add comments

Technical Notes

U.S. Oil Fund ETN $USO moved above $83.29 to a 30 month high extending an intermediate uptrend.

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First Trust Natural Gas ETF $FCG moved above $26.56 extending an intermediate uptrend.

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Financial SPDRs $XLF moved above intermediate resistance at $49.17. Responded to higher than consensus fourth quarter earnings reports by five money center banks.

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American Express $AXP a Dow Jones Industrial Average stock moved $307.10 to an all-time high extending an intermediate uptrend.

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Intuitive Surgical $ISRG moved above $556.18 to an all-time high extending an intermediate uptrend.

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Cisco $CSCO a Dow Jones Industrial Average stock moved $59.82 to an all-time high extending an intermediate uptrend.

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NetEase $NTES a NASDAQ 100 stock moved above $103.88 setting an intermediate uptre

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Trader’s Corner

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Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for January 15th 2025

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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 January 15th 2025

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Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for January 15th 2025

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Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

The Bullish Case for Small Caps vs. Large Caps: David Keller

https://www.youtube.com/watch?v=xUYEU4kzr54

Investing Legend Dan Niles Reveals Top Picks For 2025

https://www.youtube.com/watch?v=ndPGTcjcGf4

How to Find a BUY Signal Using The 1-2-3 Reversal Pattern: Joe Rabil

https://www.youtube.com/watch?v=badzaA83fZc

Stocks Rally On Inflation Report & Bank Earnings: Guy Adami, Dan Nathan, John Butters (FactSet).

https://www.youtube.com/watch?v=cyocP7FKrhA

An Extreme Winter Weather Pattern Is Coming… Energy stocks are responding

https://www.youtube.com/watch?v=sexRC0s-siE

CHART THIS with David Keller, CMT Wednesday 1/15/25

https://www.youtube.com/watch?v=vZ3eyL1sCdA

S&P 500 Momentum Barometers

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The intermediate term Barometer advanced 8.00 to 32.60. It remains Oversold.

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The long term Barometer added 0.60 to 58.00. It remains Neutral.

P.S. The short term (20 day) Barometer jumped 13.40 to 56.00

TSX Momentum Barometers

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The intermediate term Barometer advanced 2.69 to 34.98. It remains Oversold.

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The long term Barometer slipped 0.45 to 62.78. It remains Overbought.

P.S. The short term (20 day) Barometer jumped 7.62 to 48.43.

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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