Technical Notes

S&P 100 and NASDAQ 100 stocks moving below support extending an intermediate downtrend included Mondelez, Pepsico, Vertex Pharmaceutical and Ross Stores.

George Weston $WN.TO a TSX 60 stock moved below intermediate support at Cdn$216.05.

Canadian Pacific $CP.TO a TSX 60 stock moved below Cdn$103.38 extending an intermediate downtrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for November 19^th 2024

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 19^th 2024

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for November 19^th 2024

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Tesla’s Autonomy Gambit + Nvidia’s Moment of Truth: A Conversation with Tech Investor Gene Munster

Tesla’s Autonomy Gambit + Nvidia’s Moment of Truth: A Conversation with Tech Investor Gene Munster – YouTube

Markets will rally into year-end and potentially be strong next year too: Defiance ETFs’ Jablonski

Markets will rally into year-end and potentially be strong next year too: Defiance ETFs’ Jablonski – YouTube

Canada’s inflation rate ticks back up to 2% in October: CP 24

Canada’s inflation rate ticks back up to 2% in October – YouTube

‘DAY OF RECKONING IS COMING’: Expert sounds alarm over China stocks on US exchanges

https://www.youtube.com/watch?v=OlyIGN63TOY

CHART THIS with David Keller, CMT Tuesday 11/19/24

https://www.youtube.com/watch?v=ZzV6oASeQS4

Chart of the Day: Australia All Ordinaries (AORD)

The Index moved above 8,654.70 to an all-time high. Technical score increased from 4 to 6 when strength relative to the S&P 500 changed from Neutral to Positive.

S&P 500 Momentum Barometers

The intermediate term Barometer dropped another 3.20 to 54.00. It remains Neutral.

The long term Barometer dropped 1.20 to 68.80. It remains Overbought.

TSX Momentum Barometers

The intermediate term Barometer added 1.36 to 58.64. It remains Neutral.

The long term Barometer was unchanged at 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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