Technical Notes

Natural Gas ETN (UNG) moved above $14.07 completing a double bottom pattern

Canada iShares (EWC) moved below US$49.85 and $US49.76 completing a double top pattern.

Germany iShares (EWG) moved below $40.53 and $40.51 completing a double top pattern.

Communications SPDRs (XLC) moved below 112.71 completing a double top pattern.

Starbucks (SBUX) an S&P 100 stock moved below $78.41 extending an intermediate downtrend.

Microchip Technology (MCHP) a NASDAQ 100 stock moved below $60.20 extending an intermediate downtrend.

Thomson Reuters (TRI.TO) a TSX 60 stock moved below Cdn$209.23 extending an intermediate downtrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for November 4^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 November 4^th 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for November 4^th 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

$PLTR Sneezes & The Market Gets A Cold: Guy Adami and Dan Nathan

https://www.youtube.com/watch?v=uaRw2sdXWzM

Trading Places Live! November 4, 2025: Tom Bowley

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

Is the Bond Market Sending a Warning Nobody Wants to Hear? Guy Adami and Liz Thomas

https://www.youtube.com/watch?v=KfKjYG8Oaws

Breakouts, Pullbacks & Setups: 10 Must-Watch Charts for November: David Keller and Grayson Rose

Breakouts, Pullbacks & Setups: 10 Must-Watch Charts for November – YouTube

Small Cap Gold and Energy Stocks with Big Upside | In the Money with Amber Kanwar

Small Cap Gold and Energy Stocks with Big Upside | In the Money with Amber Kanwar – YouTube

7000 year-end target for S&P 500: Belski

7000 year-end target for S&P 500: Belski – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer was unchanged at 38.80. It remains Oversold.

The long term Barometer added 0.60 to 55.40. It remains Neutral.

TSX Momentum Barometers

The intermediate term Barometer plunged 11.74 to 46.01. It remains Neutral. Daily downtrend was extended

The long term Barometer dropped 6.10 to 74.18. It remains Overbought. 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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