Tech Talk for Tuesday April 5th 2022
Technical Notes released yesterday at
Lots of technical action by emerging market ETFs this morning!: Breakouts from intermediate base building patterns! BMO Emerging Markets ETF
Gold equities are responding nicely to higher gold prices. Kinross Gold
Another Canadian gold producer breakout! Yamana Gold
TSX Energy iShares
Shanghai Composite Index
Constellation Software
First Trust Biotech ETf
Fox
U.S. money center bank stocks are under technical pressure. Bank of New York Mellon
Paccar
Wal-mart
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for April 4th 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for April 4th 2022
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for April 4th 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 from Valued Contributors
Greg Schell asks “How do trains make U-turns”?
Trading Survival and Success Strategies | Bruce Fraser & Andrew Cardwell
S&P 500 Momentum Barometers
The intermediate term Barometer added 2.40 to 65.73 yesterday. It remains Overbought.
The long term Barometer added 0.20 to 52.71 yesterday. It remains Neutral.
TSX Momentum Barometers
The intermediate term Barometer added 1.44 to 66.81 yesterday. It remains Overbought.
The long term Barometer eased 0.76 to 62.01 yesterday. It remains Overbought and showing signs of rolling over.
Disclaimer: Seasonality and technical ratings offered in this report and at