Technical Notes

TSX Composite Index moved below 24,250.02 set on December 20^th extending an intermediate downtrend.

S&P 500 Equal Weight ETF $RSP moved below $172.38 completing a double top pattern.

Industrial SPDRs $XLI moved below $130.45 completing a double top pattern.

S&P Retail SPDRs $XRT moved below $69.94 and $69.27 extending an intermediate downtrend.

Aerospace & Defense ETF $PPA moved below $113.31 completing a double top pattern.

Apple $AAPL a Dow Jones Industrial Average stock moved below $219.14 completing a Head & Shoulders pattern.

Agnico-Eagle $AEM.TO a TSX 60 stock moved above Cdn$144.22 to an all-time high extending an intermediate uptrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for March 11^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 March 11^th 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for March 11^th 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Chart Master: Technical take on market pullback: Carter Worth

Chart Master: Technical take on market pullback – YouTube

Fundstrat’s Tom Lee: Yesterday’s selloff was an ‘overreaction’

Fundstrat’s Tom Lee: Yesterday’s selloff was an ‘overreaction’ – YouTube

Trump raises Canadian steel, aluminum tariffs to 50% in retaliation for Ontario energy duties

Trump raises Canadian steel, aluminum tariffs to 50% in retaliation for Ontario energy duties – YouTube

‘We will not back down, we will be relentless’: Ontario premier slams Trump tariffs

‘We will not back down, we will be relentless’: Ontario premier slams Trump tariffs – YouTube

Market Call: Eric Nuttall’s market outlook on energy stocks

Market Call: Eric Nuttall’s market outlook on energy stocks – YouTube

Katie Stockton on SPX Support, Dip-Buying & Current Bull Run

Katie Stockton on SPX Support, Dip-Buying & Current Bull Run – YouTube

CHART THIS with David Keller, CMT Tuesday 3/11/25

https://www.youtube.com/watch?v=Y0LEGc_B9E4

S&P 500 Momentum Barometers

The intermediate term Barometer plunged 9.60 to 33.60. It changed from Neutral to Oversold on a drop below 40.00. Daily downtrend was extended.

The long term Barometer plunged 5.00 to 41.80. It remains Neutral. Daily downtrend was extended.

The short term (20 day) Barometer plunged 13.00 to 27.80. It changed from Neutral to Oversold, on a move below 40.00. Daily downtrend was extended.

TSX Momentum Barometers

The intermediate term Barometer added 2.27 to 40.45. It returned to Neutral from Oversold on a recovery above 40.00.

The long term Barometer dropped 0.91 to 48.18. It remains Neutral. Daily downtrend was extended.

Short term (20 day) Barometer dropped 1.36 to 29.55. It remains Oversold. Daily downtrend was extended.

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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