Technical Notes
Hong Kong iShares $EWH moved above $18.05 extending an intermediate uptrend.
EAFE iShares $EFA moved above $83.42 to an all-time high extending an intermediate uptrend.
First Trust Natural Gas ETF $FCG moved below $22.34 extending an intermediate downtrend. Responded to lower crude oil prices! Head & Shoulders pattern?
Exxon Mobil $XOM an S&P 100 stock moved below $103.91 extending an intermediate downtrend. Head & Shoulders pattern?
Canadian energy stocks also responded to lower crude oil prices. Suncor $SU.TO a TSX 60 stock moved below $48.75 extending an intermediate downtrend.
Vertex $VRTX a NASDAQ 100 stock moved above $491.80 extending an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for March 5th 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 March 5th 2025
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for March 5th 2025
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
S&P 500 Selloff: Bearish Rotation & Key Downside Targets! David Keller
S&P 500 Selloff: Bearish Rotation & Key Downside Targets! – YouTube
Tariff Turmoil & Tomorrow’s Tech Titans with Ann Bordetsky: Guy Adami, Dan Nathan
Tariff Turmoil & Tomorrow’s Tech Titans with Ann Bordetsky – YouTube
U.S. oil tariffs likely to be absorbed by U.S. consumers: Eric Nuttall
U.S. oil tariffs likely to be absorbed by U.S. consumers – YouTube
Market gearing toward selling rally: strategist
Market gearing toward selling rally: strategist – YouTube
Tariffs are biggest wildcard for growth: Strategist
Tariffs are biggest wildcard for growth: Strategist – YouTube
CHART THIS with David Keller, CMT
https://www.youtube.com/watch?v=ZTAP2RkR0zU
S&P Momentum Barometers
The intermediate term Barometer added 4.00 to 45.60. It remains Neutral.
The long term Barometer added 2.80 to 53.00. It remains Neutral.
TSX Momentum Barometers
The intermediate term Barometer added 5.45 to 44.55. It recovered to Neutral from Oversold on a move above 40.00.
The long term Barometer added 3.18 to 54.55. It remains Neutral.
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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Equity Clock Publications