Tech Talk for Tuesday March 30th 2021

Moderna (MRNA), a NASDAQ 100 stock moved below $121.12 setting an intermediate downtrend.

Silver Miners ETF (SIL) moved below $38.75 extending an intermediate downtrend.

First Majestic Silver (AG) moved below US$15.13 extending an intermediate downtrend.

Junior Gold Miners ETF (GDXJ) moved below $44.00 extending an intermediate downtrend.

Pre-opening Comments for Tuesday March 30th

U.S. equity index futures were lower this morning. S&P 500 futures were down 11 points in pre-opening trade.

McCormick added $4.00 to $94.13 after reporting higher than consensus quarterly results.

Roku gained $2.21 to $303.00 after Truist raised its rating from Hold to Buy.

Texas Instruments advanced $0.27 to $186.45 after KeyBanc Capital upgraded the stock from Sector Weight to Overweight. Target is $225.

EquityClock's Daily Comment

Following is a link:

http://www.equityclock.com/2021/03/29/stock-market-outlook-for-march-30-2021/

Note list of stocks that have gained 100% of the time in April.

Technical Notes for Monday March 29th

Dollar Tree (DLTR), a NASDAQ 100 stock moved above $115.45 extending an intermediate uptrend.

CVS Health (CVS) moved above $76.38, $76.48 and $76.72 to a four year high extending an intermediate uptrend.

Healthcare SPDRs (XLV) moved above intermediate resistance at $75.38.

Healthcare Providers iShares (IHF) moved above $252.27 to an all-time high extending an intermediate uptrend.

Mondelez (MDLZ), an S&P 100 stock moved above $60.00 to an all-time high extending an intermediate uptrend.

Utilities SPDRs (XLU) moved above intermediate resistance at $63.71. Utility stocks and ETFs are anticipating favourable news from Biden's infrastructure spending announcement on Wednesday.

Exelon (EXS), an S&P 100 stock moved above $43.62 extending an intermediate uptrend.

Duke Energy (DUK), an S&P 100 stock moved above $96.89 extending an intermediate uptrend.

Xcel Energy (XEL), a NASDAQ 100 stock moved above intermediate resistance at $67.00.

Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for March 29th 2021

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for March 29th 2021

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for March 29th 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

S&P 500 Momentum Barometers

The intermediate Barometer slipped 0.60 to 82.16 yesterday. It remains Extremely Overbought.

The long term Barometer added 0.80 to 94.39 yesterday. It remains Extremely Overbought.

TSX Momentum Barometers

The intermediate Barometer slipped 2.07 to 65.55 yesterday. It remains Overbought.

The long term Barometer slipped 0.58 to 77.99 yesterday. It remains 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