Technical Notes
Brazil iShares (EWZ) moved below $35.97, $33.41 and $33.21 setting an intermediate downtrend. Responded national election results: Lula and his party were re-elected.
Dow Inc. (DOW) an S&P 100 stock moved above $33.02 setting an intermediate uptrend.
S&P 100 and NASDAQ 100 stocks moving below support setting/extending intermediate downtrends included; Booking (BKNG) on a move below $154.06, DoorDash (DASH) on a move below $178.04 and $166.58, Target (TGT) on a move below $150.46, Alphabet (GOOG) on a move below $314.69 and MercadoLibre (MELI) on a move below $1,668.44
Trader’s Corner
Equity Indices and Related ETFs
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Links offered by valued providers
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S&P 500 Momentum Barometers
The intermediate term Barometer added 2.00 to 60.80. It changed from Neutral to Overbought on a move above 60.00. Daily uptrend was extended
The short term (20 days) Barometer added 2.80 to 71.80. It remained Overbought.
The long term Barometer added 2.00 to 60.20. It changed from Neutral to Overbought on a move above 60.00. Daily uptrend was extended.
TSX Momentum Barometers
The intermediate term Barometer added 1.88 to 49.30. It remained Neutral.
The short term (20 days) Barometer dropped 0.47 to 56.74. It remained Neutral.
The long term Barometer added 0.93 to 51.83. It remained Neutral.
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