Technical Notes

U.S. Real Estate iShares (IYR) moved above $96.56 extending an intermediate uptrend.

Pharma ETF (PPH) moved below $86.06 setting an intermediate downtrend.

NextEra Energy (NEE) an S&P 100 stock moved above $75.68 extending an intermediate uptrend.

Kinross Gold (K.TO) a TSX 60 stock moved above Cdn$22.02 and Cdn$22.08 to 13 year high extending an intermediate uptrend. Seasonal influences are favourable until October 9^th. See seasonality chart at www.EquityClock.com

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for July 21^st 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 21^st 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for July 21^st 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

CHART THIS with David Keller, CMT Monday 7/21/25

https://www.youtube.com/watch?v=wI0AMuQ7nBM

The Real Drivers of This Market: AI, Semis & Robotics Mary Ellen McGonagle

The Real Drivers of This Market: AI, Semis & Robotics – YouTube

Fed Rates, Mag 7 Earnings & Tariff Deadlines Loom: What to Watch This Week: Schwab Network

Fed Rates, Mag 7 Earnings & Tariff Deadlines Loom: What to Watch This Week – YouTube

Big Tech stocks brace for earnings this week: Here’s what to expect

Big Tech stocks brace for earnings this week: Here’s what to expect – YouTube

Chart Check: S&P 500, $GOOGL & $GM: Guy Adami, Dan Nathan and Carter Worth

Chart Check: S&P 500, $GOOGL & $GM – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer dropped 4.40 to 63.60. It remains Overbought.

The long term Barometer slipped 0.60 to 60.00. It remains Overbought.

TSX Momentum Barometers

The intermediate term Barometer added 1.41 to 73.71. It remains Overbought.

The long term Barometer was unchanged at 82.16. 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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