{"id":161389,"date":"2022-11-24T02:22:00","date_gmt":"2022-11-24T07:22:00","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=161389"},"modified":"2022-11-23T18:19:27","modified_gmt":"2022-11-23T23:19:27","slug":"tech-talk-for-thursday-november-24th-2022","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2022\/11\/24\/tech-talk-for-thursday-november-24th-2022\/","title":{"rendered":"Tech Talk for Thursday November 24th 2022"},"content":{"rendered":"

<\/b><\/p>\n

 <\/p>\n

Pre-opening Comments Today<\/em><\/strong><\/font><\/p>\n

With U.S. equity markets on holidays today, no pre-opening comments are offered.<\/em> <\/p>\n

 <\/p>\n

Responses to FOMC Meeting Minutes<\/strong><\/font> <\/p>\n

Minutes were released at 2:00 PM EST yesterday<\/p>\n

U.S. equity indices moved higher after 2:00 PM EST<\/p>\n

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U.S. Dollar and related ETN: UUP moved lower after 2:00 PM EST<\/p>\n

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Long term U.S. Treasury bond yields moved lower. Long term U.S. Treasury bond prices moved higher after 2:00 PM EST<\/p>\n

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Gold prices and related ETNs moved higher after 2:00 PM EST.<\/p>\n

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 <\/p>\n

Technical Notes for Yesterday<\/strong><\/font><\/p>\n

Dow Jones Industrial Average $INDU moved above intermediate resistance at 34,281.01.<\/p>\n

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Junior Gold Miners ETF $GDXJ moved above $35.17 and $35.26 extending an intermediate uptrend.<\/p>\n

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TSX Gold iShares $XGD.TO moved above Cdn$16.93 extending an intermediate uptrend. <\/p>\n

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Europe iShares $IEV moved above $45.49 extending an intermediate uptrend. <\/p>\n

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Australia iShares $EWA moved above $23.27 extending an intermediate uptrend. <\/p>\n

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U.S. Telecommunications iShares $IYZ moved above $23.40 extending an intermediate uptrend.<\/p>\n

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CDW Corp $CDW a NASDAQ 100 stock moved above $187.79 extending an intermediate uptrend. <\/p>\n

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Natural Gas ETN $UNG moved above $23.32 completing a double bottom pattern.<\/p>\n

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Thomson Reuters $TRI.TO a TSX 60 stock moved above $153.98 extending an intermediate uptrend. <\/p>\n

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Grain ETN $JJGTF moved below $34.01 extending an intermediate downtrend. <\/p>\n

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 <\/p>\n

Trader\u2019s Corner<\/strong><\/font><\/p>\n

<\/font><\/strong><\/p>\n

Equity Indices and Related ETFs<\/strong><\/font><\/p>\n

Daily Seasonal\/Technical Equity Trends for November 23rd<\/sup> 2022<\/p>\n

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Green: Increase from previous day<\/font><\/em><\/p>\n

Red: Decrease from previous day<\/em><\/p>\n

 <\/p>\n

Commodities<\/strong><\/font><\/p>\n

Daily Seasonal\/Technical Commodities Trends for November 23rd<\/sup> 2022<\/p>\n

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Green: Increase from previous day<\/font><\/em><\/p>\n

Red: Decrease from previous day<\/font><\/em><\/p>\n

 <\/p>\n

Sectors<\/strong><\/font><\/p>\n

Daily Seasonal\/Technical Sector Trends for November 23rd<\/sup> 2021 <\/p>\n

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Green: Increase from previous day<\/font><\/em><\/p>\n

Red: Decrease from previous day<\/em><\/p>\n

 <\/p>\n

Links offered by valued providers<\/strong><\/font><\/p>\n

<\/font><\/strong><\/p>\n

Larry Kudlow<\/font><\/em><\/strong> says \u201cThis is an alarming sign for the e<\/em>c<\/strong>onomy\u201d<\/p>\n

https:\/\/www.youtube.com\/watch?v=mn3AqOptv2g<\/a><\/p>\n

 <\/p>\n

Mark Bunting<\/font><\/em><\/strong> and www.uncommonsenseinvestor.com<\/a> links<\/p>\n

Analyst: These Five Stocks Have 10-Bagger Potential – Uncommon Sense Investor<\/a><\/p>\n

"Big, Real, Institutional Investor Class Money is Coming Into the Stock Market." – Uncommon Sense Investor<\/a><\/p>\n

Glass Half Full As Consumers Keep Spending & GDP Remains Strong – Uncommon Sense Investor<\/a><\/p>\n

 <\/p>\n

Greg Schnell<\/font><\/em><\/strong> discusses \u201cChoppy markets<\/em><\/strong>\u201d.<\/p>\n

Choppy Markets | Greg Schnell, CMT | Market Buzz (11.23.22) \u2013 YouTube<\/a><\/p>\n

 <\/p>\n

S&P 500 Momentum Barometers<\/strong><\/font><\/p>\n

\"clip_image021\"<\/a><\/p>\n

The intermediate term Barometer added 1.80 to 89.00. It remains Overbought. Trend remains up.<\/p>\n

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The long term Barometer added 2.00 to 61.80. It changed from Neutral to Overbought on a move above 60.00. Trend remains up.<\/p>\n

 <\/p>\n

TSX Momentum Barometers<\/strong><\/font><\/p>\n

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The intermediate term Barometer added 2.12 to 77.97. It remains Overbought. Trend remains up.<\/p>\n

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The long term Barometer added 1.69 to 52.54. It remains Neutral. Trend remains up.<\/p>\n

 <\/p>\n

Disclaimer:<\/b> Seasonality ratings and technical ratings offered in this report and at<\/em><\/p>\n

www.equityclock.com<\/em><\/a> 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<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

  Pre-opening Comments Today With U.S. equity markets on holidays today, no pre-opening comments are offered.   Responses to FOMC Meeting Minutes Minutes were released at 2:00 PM EST yesterday U.S. equity indices moved higher after 2:00 PM EST U.S. Dollar and related ETN: UUP moved lower after 2:00 PM EST Long term U.S. Treasury […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-161389","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/161389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/comments?post=161389"}],"version-history":[{"count":0,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/161389\/revisions"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=161389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=161389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=161389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}