Technical Notes for yesterday Amazon $AMZN an S&P 100 stock moved below $2048.11 extending an intermediate downtrend. Long term U.S. Treasury SPDRs iShares $TLT moved above $118.89 completing a short term double bottom pattern. Seasonal influences are favourable to August 28th. If a subscriber to www.EquityClock.com see seasonality chart at https://charts.equityclock.com/ishares-20-year-treasury-bond... Xcel Energy $XEL a NASDAQ 100 stock moved above $76.05 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable to June 26th. If a subscriber to www.EquityClock.com, see seasonality chart at https://charts.equityclock.com/xcel-energy-inc-nysexel-seaso... Fortis $FTS.TO a TSX 60 stock moved above $64.58 to an all-time high extending an intermediate uptrend. Trader’s Corner Equity Indices and Related ETFs Daily Seasonal/Technical Equity Trends for May 24th 2022 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for May 24th 2022 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for May 24th 2021 Green: Increase from previous day Red: Decrease from previous day All seasonality ratings are based on performance relative to the S&P 500 Index (except TSX) Links offered by valued investors Tom Bowley says “A recession is at hand”. Bruce Fraser summarizes “Anatomy of a bear market”. S&P 500 Momentum Barometers The intermediate term Barometer added 2.00 to 21.44 yesterday. It remains Oversold. The long term Barometer added 1.40 to 30.86 yesterday. It remains Oversold. TSX Momentum Barometers The intermediate term Barometer slipped 0.44 to 22.81 yesterday. It remains Oversold. The long term Barometer added 3.07 to 37.28 yesterday. It remains Oversold and showing early signs of bottoming. 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.