Technical Notes from Monday November 9th S&P 500 Index moved above 3,588.11 to an all-time high extending its intermediate uptrend. Dow Jones Industrial Average also moved to an all-time high extending an intermediate uptrend. NASDAQ Composite Index also touched an all-time high, but subsequently came under profit taking pressures. Breakouts above intermediate resistance levels by S&P 500 stocks were too numerous to include in this report. Breakouts by Sector SPDRs included XLY, XLI, XLF, XLE and XLP with XLY, XLI and XLP touching all-time highs. Nikkei Average moved above $24,445.50 to a 29 year high at 24,839.84 extending an intermediate uptrend. Funds for equity purchases came from the bond market. Funds for equity purchases also came from precious metals. The Gold ETN (GLD) briefly moved below intermediate support at $173.77 extending an intermediate downtrend. Selected ETFs that recorded above average gains yesterday Trader’s Corner Equity Indices and Related ETFs Daily Seasonal/Technical Equity Trends for November 9th 2020 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for November 9th 2020 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for November 9th 2020 Green: Increase from previous day Red: Decrease from previous day Technical Scoop Thank you to David Chapman and www.EnrichedInvesting.com for a link to this weekly report. Headline reads,” Election challenges, gridlock love, considerable resistance, long bull, precious poise, dollar hit, oil nowhere”. Following is the link: http://enrichedinvesting.com/wp-content/uploads/2020/11/Election-challenges-gridlock-love-considerable-resistance-long-bull-precious-poise-dollar-hit-oil-nowhere.pdf S&P 500 Momentum Barometer The Barometer added another 11.89 to 76.35 yesterday. It remains intermediate overbought. TSX Momentum Barometer The Barometer added another 5.84 to 66.98 yesterday. It remains intermediate overbought. 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