{"id":175085,"date":"2024-03-28T02:22:00","date_gmt":"2024-03-28T06:22:00","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=175085"},"modified":"2024-06-18T01:17:10","modified_gmt":"2024-06-18T05:17:10","slug":"tech-talk-for-thursday-march-28th-2024","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2024\/03\/28\/tech-talk-for-thursday-march-28th-2024\/","title":{"rendered":"Tech Talk for Thursday March 28th 2024"},"content":{"rendered":"<p>&#160;<\/p>\n<p><font size=\"5\"><strong>Technical Notes <\/strong><\/font><\/p>\n<p><b>Healthcare Providers iShares<\/b> $IHF moved above $54.21 extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image001-19.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image001\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image001_thumb-19.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p><b>S&amp;P Money Center Bank SPDRs<\/b> $KBE moved above $46.71 extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image002-19.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image002\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image002_thumb-19.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p><b>BMO Equal Weight Base Metals ETF<\/b> $ZMT.TO moved above Cdn$61.07 extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image003-19.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image003\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image003_thumb-19.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p><b>Natural Gas ETN<\/b> $UNG moved below $14.56 extending an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image004-16.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image004\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image004\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image004_thumb-16.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p><b>Merck<\/b> $MRK a Dow Jones Industrial Average stock moved above $129.42 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image005-16.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image005\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image005\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image005_thumb-16.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p><b>Pepsico<\/b> $PEP a NASDAQ 100 stock moved above $173.87 extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image006-13.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image006\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image006\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image006_thumb-13.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p><b>Ford<\/b> $F an S&amp;P 100 stock moved above $13.03 extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image007-12.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image007\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image007\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image007_thumb-12.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p><b>Manulife Financial<\/b> $MFC.TO a TSX 60 stock moved above Cdn$33.17 to an all-time high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image008-13.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image008\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image008\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image008_thumb-13.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>&#160;<\/p>\n<p><font size=\"5\"><strong>Trader\u2019s Corner<\/strong><\/font><\/p>\n<p><strong><font size=\"5\"><\/font><\/strong><\/p>\n<p><font size=\"4\"><strong>Equity Indices and Related ETFs<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Equity Trends for March 27<sup>th<\/sup> 2024<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image010-14.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image010\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image010\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image010_thumb-14.png\" width=\"702\" height=\"352\" \/><\/a><\/p>\n<p>Green: Increase from previous day<\/p>\n<p>Red: Decrease from previous day<\/p>\n<p>Source for all positive seasonality ratings: <a href=\"http:\/\/www.EquityClock.com\">www.EquityClock.com<\/a><\/p>\n<p>&#160;<\/p>\n<p><font size=\"4\"><strong>Commodities<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Commodities Trends for March 27<sup>th<\/sup> 2024<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image012-15.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image012\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image012\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image012_thumb-15.png\" width=\"703\" height=\"414\" \/><\/a><\/b><\/p>\n<p>Green: Increase from previous day<b><\/b><\/p>\n<p>Red: Decrease from previous day<\/p>\n<p>&#160;<\/p>\n<p><font size=\"4\"><strong>Sectors <\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for March 27<sup>th<\/sup> 2024<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image014-14.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image014\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image014\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image014_thumb-14.png\" width=\"703\" height=\"474\" \/><\/a><\/p>\n<p>Green: Increase from previous day<\/p>\n<p>Red: Decrease from previous day<\/p>\n<p>&#160;<\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>Three Industrial Stocks with Room to Run! Mary Ellen McGonagle<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=CnCmlbvnoy0\">Three Industrial Stocks With Room to Run! \u2013 YouTube<\/a><\/p>\n<p>&#160;<\/p>\n<p><b>The growth side of the S&amp;P 500 has gone &#8216;very far, very fast&#8217;: Verdence Capital&#8217;s Megan Horneman<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=_zIKLwfQ0DI\">The growth side of the S&amp;P 500 has gone &#8216;very far, very fast&#8217;: Verdence Capital&#8217;s Megan Horneman \u2013 YouTube<\/a><\/p>\n<p>&#160;<\/p>\n<p><b>S&amp;P 500 can pull back 7-8% and still keep the 6,100 breakout target: CappThesis&#8217; Frank Cappelleri<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=MGvuIib__j0\">S&amp;P 500 can pull back 7-8% and still keep the 6,100 breakout target: CappThesis&#8217; Frank Cappelleri \u2013 YouTube<\/a><\/p>\n<p>&#160;<\/p>\n<p><b>Use Landry Light For Smart Investing: Dave Landry<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=GGHJEfnDkWo\">https:\/\/www.youtube.com\/watch?v=GGHJEfnDkWo<\/a><\/p>\n<p>&#160;<\/p>\n<p><font size=\"5\"><strong>U.S. Economic News Released Tomorrow (Friday)<\/strong><\/font><\/p>\n<p>Although tomorrow is an official U.S. holiday, several important economic reports for February are scheduled for release at 8:30 AM EDT. They are:<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image0027.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002[7]\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image002[7]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image0027_thumb.png\" width=\"644\" height=\"379\" \/><\/a><\/p>\n<p>&#160;<\/p>\n<p>Focus by the FOMC is no the Core PCE Price Index.<\/p>\n<p>&#160;<\/p>\n<p><font size=\"5\"><strong>Next CATA Meeting<\/strong><\/font><\/p>\n<p>It will be held tonight at 8:00 PM EST by ZOOM. Everyone is welcome. Guest speaker is Keith Richards. The Annual Meeting also will be held. Not a member? Contact <\/p>\n<p><a href=\"https:\/\/cata.clubexpress.com\/content.aspx?page_id=4002&amp;club_id=71614&amp;item_id=2192739\">CATA Meeting &#8211; March 28 &#8211; Keith Richards and AGM &#8211; Events &#8211; Canadian Association for Technical Analysis (clubexpress.com)<\/a><\/p>\n<p>&#160;<\/p>\n<p><font size=\"5\">S<strong>&amp;P 500 Momentum Barometers<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image015-12.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image015\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image015\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image015_thumb-12.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The intermediate term Barometer jumped 9.60 to 83.20. It remains Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image016-15.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image016\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image016\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image016_thumb-15.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The long term Barometer jumped 5.40 to 84.40, a 20 month high. It remains Overbought.<\/p>\n<p>&#160;<\/p>\n<p><font size=\"5\"><strong>TSX Momentum Barometers<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image017-10.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image017\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image017\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image017_thumb-10.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The intermediate term Barometer jumped 6.25 to 74.11. It remains Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image018-10.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image018\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image018\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2024\/03\/clip_image018_thumb-10.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The long term Barometer added 4.91 to 73.66. It remains Overbought.<\/p>\n<p><b><\/b><\/p>\n<p><em><b>Disclaimer:<\/b> Seasonality ratings and technical ratings offered in this report and at<\/em><\/p>\n<p><a href=\"http:\/\/www.equityclock.com\"><em>www.equityclock.com<\/em><\/a><em> 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":"<p>&#160; Technical Notes Healthcare Providers iShares $IHF moved above $54.21 extending an intermediate uptrend. S&amp;P Money Center Bank SPDRs $KBE moved above $46.71 extending an intermediate uptrend. BMO Equal Weight Base Metals ETF $ZMT.TO moved above Cdn$61.07 extending an intermediate uptrend. Natural Gas ETN $UNG moved below $14.56 extending an intermediate downtrend. Merck $MRK a [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-175085","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/175085","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=175085"}],"version-history":[{"count":1,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/175085\/revisions"}],"predecessor-version":[{"id":175086,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/175085\/revisions\/175086"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=175085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=175085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=175085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}