Technical Notes Chinese based equities with U.S. listings were notably stronger at the opening yesterday following overnight strength in Chinese equity indices (e.g. JD Inc. and Baidu included in the NASDAQ100 Index) Silver ETN (SLV) moved above $17.10 extending an intermediate uptrend. . Junior Gold ETF (GDXJ) moved above $50.37 to a seven year high extending an intermediate uptrend. Semiconductor ETFs (SMH SOXX) moved to all-time highs in early trading yesterday. Medical Devices iShares (IHI) moved above $272.05 extending an intermediate uptrend. Lithium ETN moved above $32.57 and $34.00 extending an intermediate uptrend. Base Metal stocks moved higher. Nice breakout by Lundin Mining (LUN) above $7.53 Cdn., Southern Copper above $40.31 and Global Base Metals iShares (XBM) above $8.98 extending an intermediate uptrend. Strength was triggered following favourable comments by Freeport McMoran on higher than consensus second quarter copper sales. Eli Lilly (LLY) an S&P 100 stock moved above $167.43 to an all-time high extending an intermediate uptrend. Ilumina (ILMN), a NASDAQ 100 stock moved above $377.80 extending an intermediate uptrend. Testing its all-time high at $380.76. Trader’s Corner Equity Indices and related ETFs Daily Seasonal/Technical Equity Trends for July 6th 2020 Green: Increase from previous day Red: Decrease from previous day Commodities Seasonal/Technical Commodities Trends for July 6th 2020 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for July 6th 2020 Green: Increase from previous day Red: Decrease from previous day Technical Scoop Thank you to David Chapman and www.EnrichedInvesting.com for the link. Headline reads, … “Unique half, millions unemployed, streets riot, election backdrop, narrow high, Godzilla debt, golden limit” http://enrichedinvesting.com/wp-content/uploads/2020/07/Unique-half-millions-unemployed-streets-riot-election-backdrop-narrow-high-Godzilla-debt-golden-limit.pdf S&P 500 Momentum Barometer The Barometer added 5.01 to 74.95 yesterday. It remains intermediate overbought. TSX Momentum Barometer The Barometer slipped 0.47 to $74.06 yesterday. It remains intermediate 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