Technical Notes
U.S. Bank stocks and related ETFs, that moved above resistance extending intermediate uptrends, included S&P Bank SPDRs (KBE) on a move above $55.10, Citigroup (C ) on a move above $84.07, Bank of America (BAC) on move above $47.40 (all-time high) and Capital One on a move above $210.00
Global Base Metal stocks and related ETFs, that moved above resistance extending intermediate uptrends, included Base Metals iShares (XBM.TO) on a move above Cdn$19.70, BMO Equal Weight Base Metals ETF (ZMT.TO), Teck Resources (TECK.B) on a move above Cdn$54.18, First Quantum Minerals (FM.TO) on a move above Cdn$23.28, Southern Copper on a move above $101.84, HudBay Minerals on a move above Cdn$13.93, Lundin Mining (LUN.TO) on a move above Cdn$14.67 and Freeport McMorran (FCX) on a move above $43.35. Trigger for the move was strength in copper prices above $5.04 per lb.
Steel ETF (SLX) moved above $66.12 extending an intermediate uptrend.
Australia iShares $EWA moved above $26.37 to an all-time high extending an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for June 26th 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 June 26th 2025
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for June 26th 2025
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
From Drift to Lift: Spotting Breakouts Before Momentum Hits: Joe Rabil
From Drift to Lift: Spotting Breakouts Before Momentum Hits – YouTube
Stocks Rise as S&P 500 Nears Record High | Live Stream: Guy Adami and Dan Nathan
Stocks Rise as S&P 500 Nears Record High | Live Stream – YouTube
Brad Simpson on the Middle East, market reactions and the implications for investors
Brad Simpson on the Middle East, market reactions and the implications for investors – YouTube
Detrick: July is the best month for stocks in a post-election year
Detrick: July is the best month for stocks in a post-election year – YouTube
S&P 500 Momentum Barometers
The intermediate term Barometer added 2.00 to 70.60. It remains Overbought.
The long term Barometer added 3.60 to 54.40. It remains Neutral.
TSX Momentum Barometers
The intermediate term Barometer added 3.44 to 86.85. It remains Overbought.
The long term Barometer added 2.34 to 77.00. 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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Equity Clock Publications