Technical Notes

Italy iShares $EWI moved above $39.04 to an all-time high extending an intermediate uptrend.

Copper Miners ETF $COPX moved above intermediate resistance at $40.69. Responded to higher copper prices! Seasonal influences are favourable until March 4^th.

S&P 100 and NASDAQ 100 stocks moving above resistance extending an intermediate uptrend included Marriott on a move above $295.45 (All-time high), Philip Morris International on a move above $132.68 (All-time high), Eli Lilly on a move above $846.46, Bank of America on a move above $47.81 (All-time high).

S&P 100 and NASDAQ 100 stocks move below support extending an intermediate downtrend included Honeywell on a move below $214.60, Tesla on a move below $373.04, Ford on a move below $9.53

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for February 6^th 2025

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 February 6^th 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for February 6^th 2025

Green: Increase from previous day

Red: Decrease from previous day

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Chart of the day: S&P/TSX Financial Services Index

Technical score increased from -2 to 0 when the Index moved above its 20 day moving average. Ditto for its ETF: S&P/TSX Financials iShares (XFN.TO)! Seasonal influences are favourable until the end February.

S&P 500 Momentum Barometers

The intermediate term Barometer slipped 1.00 to 52.20. It remains Neutral.

The long term Barometer dropped 1.60 to 60.00. It remains Overbought. Daily trend is down.

TSX Momentum Barometers

The intermediate term Barometer dropped 4.30 to 45.25. It remains neutral.

The long term Barometer dropped 1.52 to 63.35. 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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