Tech Talk for Wednesday November 13th 2024

November 13, 2024 / timingthemarket.ca / Article Link

India ETFs $INDA and $PIN moved below intermediate support extending an intermediate downtrend.

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The U.S. Dollar Index and its related Exchange Traded Note, UUP continued moving higher in anticipation of Trump's trade proposals to favour U.S. produced goods

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Strength in the U.S. Dollar prompted weakness precious metals and base metals equities and related ETFs including GDX, XGD.TO, PICK and XBM.TO. Many moved below support setting intermediate downtrends.

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U.S. big cap healthcare stocks Amgen, Pfizer and Johnson & Johnson and related ETFs (e.g. PPH) moved below support extending intermediate downtrends.

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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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