Technical Notes
Starbucks $SBUX a Dow Jones Industrial Average stock moved below $76.15 extending an intermediate downtrend.
Charter Communications $CHTR a NASDAQ 100 stock moved above $391.61 resuming an intermediate uptrend.
Canadian bank stocks led the advance by TSX in late trading yesterday. BMO Equal Weight Canadian Banks ETF (ZEB.TO) moved above intermediate resistance at Cdn$40.78.
Power Corp. (POW.TO) a TSX 60 stock moved above Cdn$52.09 to an all-time high extending an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for April 30th 2025
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 April 30th 2025
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for April 30th 2025
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
GDP Shock Sinks Stocks: Guy Adami and Dan Nathan
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Master the 18/40 MA Strategy: Spot Trend, Momentum & Entry: Joe Rabil
Master the 18/40 MA Strategy: Spot Trend, Momentum & Entry – YouTube
The tech trade changes after good earnings results, says Wedbush’s Dan Ives
The tech trade changes after good earnings results, says Wedbush’s Dan Ives – YouTube
CHART THIS with David Keller, CMT Wednesday 4/30/25
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S&P 500 Momentum Barometers
The intermediate term Barometer added another 2.80 to 42.80. It remains Neutral. Daily uptrend was extended.
The long term Barometer was unchanged at 36.80. It remains Oversold. Daily uptrend was extended.
Short term (20 days) Barometer added 0.80 to 79.00. It remains Overbought. Daily uptrend was extended.
TSX Momentum Barometers
The intermediate term Barometer added 0.92 to 54.59. It remains Neutral. Daily uptrend was extended.
The long term Barometer added 0.46 to 53.21. It remains Neutral. Daily uptrend was extended.
The short term (20 days) Barometer added 1.38 to 79.82. It remains Overbought. Daily uptrend was extended.
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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Equity Clock Publications