Technical Notes
Palladium ETN (PALL) moved above $113.92 and $114.71 to a 2 year high completing a double bottom pattern.
Platinum ETN (PPLT) moved above $130.69 to a 10 year high extending an intermediate uptrend.
Caterpillar (CAT) a Dow Jones Industrial Average stock moved above $414.97 to an all-time high extending an intermediate uptrend.
Brookfield (BN.TO) a TSX 60 stock moved above Cdn$90.47 to an all-time high extending an intermediate uptrend.
Couche Tard (ATD.TO) a TSX 60 stock moved above Cdn$74.60 extending an intermediate uptrend. Takeover attempt for Seven Eleven was discontinued.
Gildan Activewear (GIL.TO) a TSX 60 stock moved above Cdn$71.06 resuming an intermediate uptrend.
Loblaw Companies (L.TO) a TSX 60 stock moved below $218.77 completing a double top pattern.
Hydro One (H.TO) a TSX 60 stock moved below Cdn$47.84 completing a double top pattern.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for July 17th 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 July 17th 2025
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for July 17th 2025
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
These HOT Industry Groups Are Fueling This Secular Bull Market: Tom Bowley
https://www.youtube.com/watch?v=cmc2qTqU1Ws
Is the Post-April Rally a Head Fake? ValueTrendCanada
https://www.youtube.com/watch?v=jQOqymkIZq0
Chart Check: S&P 500, WMT, COST & TJX: Guy Adami and Carter Worth
Chart Check: S&P 500, WMT, COST & TJX – YouTube
Expect earnings to continue to surprise to the upside, says Goldman Sachs’ Sharmin Mossavar-Rahmani
AI trade is showing more discernment in who does well, says Schwab’s Liz Ann Sonders
AI trade is showing more discernment in who does well, says Schwab’s Liz Ann Sonders – YouTube
CHART THIS with David Keller, CMT Thursday 7/17/25
https://www.youtube.com/watch?v=02Tl1wbIhdk
S&P 500 Momentum Barometers
The intermediate term Barometer added 3.00 to 67.40. It remains Overbought.
The long term Barometer added 1.80 to 60.60. It changed back to Overbought on a move above 60.00.
TSX Momentum Barometers
The intermediate term Barometer dropped 2.35 to 75.12. It remains Overbought. Daily downtrend was extended.
The long term Barometer added 1.88 to 83.57. 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