Technical Notes
Commodity iShares (GSG) moved above $34.94 to a 13 year high extending an intermediate uptrend.
Global Agriculture iShares (COW.TO) moved above Cdn$76.18 and Cdn$76.32 to a 13 year high extending an intermediate uptrend.
Wells Fargo (WFC) an S&P 100 stock moved above $89.66 extending an intermediate uptrend.
Monster Beverages (MNST) a NASDAQ 100 stock moved below $44.75 completing a double top pattern.
Data dog (DDOG) a NASDAQ 100 stock moved below $212.73 extending an intermediate downtrend.
Applied Materials (AMAT) a NASDAQ 100 stock moved below $435.86 extending an intermediate downtrend.
Trader’s Corner
Equity Indices and Related ETFs
Commodities
Sectors
Links offered by valued providers
The Only 2 Magnificent Seven Charts Still Working: Dave Keller
https://www.youtube.com/watch?v=4RNB4Y94C3c
MRKT Call – Wednesday, September 2nd: Guy Adami and Dan Nathan
https://www.youtube.com/watch?v=8lSZyf_aOHQ
Yields Slammed Down Off Resistance As Oil Drops, Market Rally On Tap, Gold Likely To Bounce: Verified Investing
https://www.youtube.com/watch?v=_DF2gXvPdbo
ADX and RSI Do Different Jobs. Here’s How to Use Them Together: Joe Rabil
ADX and RSI Do Different Jobs. Here’s How to Use Them Together – YouTube
The Hidden Story Under This Earnings Season: Single-Stock Dispersion
The Hidden Story Under This Earnings Season: Single-Stock Dispersion – YouTube
Bank of Canada holds key interest rate at 2.25%: BNN
Bank of Canada holds key interest rate at 2.25% – YouTube
Beyond The Mag 7 – Positioning For Earnings Peaking and Yields Rising – Liz Ann Sonders
Beyond The Mag 7 – Positioning For Earnings Peaking and Yields Rising – Liz Ann Sonders – YouTube
Markets set to enter historically weak months: BNN
Markets set to enter historically weak months – YouTube
S&P 500 Momentum Barometers
The intermediate term Barometer added 1.60 to 48.40. It remained Neutral.
The short term (20 days) Barometer added 5.40 to 38.60. It remained Oversold.
The long term Barometer added 0.60 to 66.00. It remained Overbought.
TSX Momentum Barometers
The intermediate term Barometer added 1.38 to 50.00. It remained Neutral.
The short term (20 days) Barometer added 5.05 to 36.24. It remained Oversold.
The long term Barometer added 0.46 to 63.30. It remained 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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Equity Clock Publications