by Don Vialoux, Timingthemarket.ca
StockTwits Released Yesterday @EquityClock
Bank ETF testing the lower limit of a descending triangle pattern as treasury yields decline. See
http://www.equityclock.com/2017/09/05/stock-market-outlook-for-september-6-2017/
Auto ETF $CARZ moved above $38.10 extending an intermediate uptrend
Chevron $CVX, a Dow Jones Industrial stock moved above $110.33 extending an intermediate uptrend.
Germany ETF $EWG moved above $31.16 extending an intermediate uptrend.
Technical action by S&P 500 stocks to 10:15: Bullish. Breakouts: $VFC $HCN $GPS $PM $CVX $NSC. Breakdowns: $LUV $EVHC
Editor’s Note: After 10:15 AM EDT, breakouts included TGT CME GPC VAR BSX. Breakdowns included KMB CBS BEN NTRS HAS.
Trader’s Corner
Daily Seasonal/Technical Equity Trends for September 6th 2017
Green: Increase from previous day
Red: Decrease from previous day
Daily Seasonal/Technical Commodities Trends for September 6th 2017
Unit Seasonal Trend Relative 20 Day Momentum Tech Prev
Strength MA Score Score
Green: Increase from previous day
Red: Decrease from previous day
* Excludes adjustment from rollover of futures contracts
Daily Seasonal/Technical Sector Trends for September 6th 2017
Green: Increase from previous day
Red: Decrease from previous day
aDon and Jon Vialoux are speakers at this year’s
MoneyShow Toronto: September 8-9th
Topic: Expected equity trends during the first 18 months
of a Trump Administration
History shows that election of a Republican president following a two term Democrat president does not go well during the first nine months of his Presidency. Changes in Washington move slower than anticipated and the President’s mandates are delayed. Thereafter, a bull market in the U.S. ensues and the Canadian equity market goes along for the ride.
The MoneyShow Toronto 2017
Our presentation: September 9th at 1:45 PM EDT 2017
Metro Toronto Convention Centre
The MoneyShow Toronto 2017 is the premier education event for self-directed investors and active traders in Canada. Your no-cost, two-day pass will give you unlimited access to meet and hear from the most successful experts in 60+ interactive workshops covering exciting array of topics to fit your investing and trading needs. Join us as we speak about the topic above. Whatever your experience, portfolio size, or risk posture, you simply cannot afford to miss this event. Visit https://goo.gl/PMkw5X for information on registration, speakers, workshops, and more!
Disclaimer: Seasonality and technical ratings offered in this report and 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
