Tech Talk for Tuesday September 11th 2018

Daily Reports Add comments

 

StockTwits Released Yesterday @EquityClock

Technical action by S&P 500 stocks to 10:00: Mixed. Intermediate breakouts: $GIS $MO $A $APH. Breakdowns: $RE $MLM

Editor’s Note: After 10:00, breakouts included MRK and AMGN. Breakdown included CERN and TMK.

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Dow Jones Transportation Average moved above $11,475.74 to an all-time high extending an intermediate uptrend. Also related: $IYT

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India ETF $PIN moved above $25.37 completing a double top pattern.

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Emerging Markets ETF $EEM moved below $41.13 extending an intermediate downtrend.

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Trader’s Corner

Equities and Related ETFs

Daily Seasonal/Technical Equity Trends for September 10th 2018

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Green: Increase from previous day

Red: Decrease from previous day

 

Commodities

Daily Seasonal/Technical Commodities Trends for September 10th 2018

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Green: Increase from previous day

Red: Decrease from previous day

 

Sectors

Daily Seasonal/Technical Sector Trends for September 10th 2018

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Green: Increase from previous day

Red: Decrease from previous day

 

Technical Scoop by Enriched Investing’s David Chapman

Headline reads, “US Dollar, Stocks, Rates Soar in Cruelest or Golden Month, Recession Risk Falls, Beware Amazon Waterfall” Following is a link:

http://www.enrichedinvesting.com/PDF/Technical-Scoop-2018-Sep-10-Final.pdf

 

S&P 500 Momentum Barometer

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The Barometer added 2.00 to 67.60 yesterday. It remains intermediate overbought and has rolled over.

 

TSX Momentum Barometer

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The Barometer added 1.26 to 37.82 yesterday. It remains intermediate oversold, but continues to trend down.

 

Disclaimer: Seasonality 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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