Tech Talk for Wednesday March 27th 2024

March 27, 2024 / www.timingthemarket.ca / Article Link

Kraft Heinz $KHC an S&P 100 stock moved above $38.07 setting an intermediate uptrend.

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Walgreens Boots $WBA an S&P 100 stock moved below $20.42 extending an intermediate downtrend.

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Biogen $BIIB a NASDAQ 100 stock moved below $215.35 extending an intermediate downtrend.

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Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for March 26th 2024

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Green: Increase from previous day

Red: Decrease from previous day

Source for all positive seasonality ratings: www.EquityClock.com

 

Commodities

Daily Seasonal/Technical Commodities Trends for March 26th 2024

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Green: Increase from previous day

Red: Decrease from previous day

 

Sectors

Daily Seasonal/Technical Sector Trends for March 26th 2024

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Green: Increase from previous day

Red: Decrease from previous day

 

Links offered by valued providers

Volatility Signals Higher Stock Prices Ahead: Tom Bowley

Volatility Signals Higher Stock Prices Ahead - YouTube

 

Energy Stocks are ready to soar: Joe Rabil

https://www.youtube.com/watch?v=DR7Vdouhdqg

 

Chart Check on Stocks at Record Highs: Guy Adami, Dan Nathan, Carter Worth

https://www.youtube.com/watch?v=u1zqFIIv610

 

S&P 500 Momentum Barometers

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The intermediate term Barometer dropped 1.80 to 73.00. It remains Overbought.

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The long term Barometer dropped 1.00 to 79.00. It remains Overbought.

 

TSX Momentum Barometers

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The intermediate term Barometer added 1.34 to 67.86. It remains Overbought.

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The long term Barometer added 0.65 to 68.75. It remains Overbought.

Disclaimer: Seasonality ratings 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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