Technical Notes

Semiconductor ETF (SMH) moved above $420.60 to an all-time high extending an intermediate uptrend.

ASML (ASML) a NASDAQ 100 stock moved above $1,489.52 to an all-time high extending an intermediate uptrend.

TSX Gold iShares (XGD.TO) moved above Cdn$66.63 to an all-time high extending an intermediate uptrend. Most of the strength came from two stocks, Wheaton Precious Metals and Franco-Nevada.

Wheaton Precious Metals (WPM.TO) a TSX 60 stock moved above Cdn$214.41 to an all-time high extending an intermediate uptrend.

Franco-Nevada (FNV.TO) a TSX 60 stock moved above US$273.55 and Cdn$368.63 to all-time highs extending an intermediate uptrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for February 24^th 2026

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 February 24^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for February 24^th 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

$VIX Rising… More Chop Ahead? | Trading Places Live! February 24, 2026: Tom Bowley

$VIX Rising… More Chop Ahead? | Trading Places Live! February 24, 2026 – YouTube

THE ULTIMATE PAIRS TRADE: Why I’m Shorting Chips & Buying Software

Verified Investor

THE ULTIMATE PAIRS TRADE: Why I’m Shorting Chips & Buying Software – YouTube

Tom Lee: 7 Reasons It Feels Like a Bear Market + Granny Rebalance: Tom Lee

Tom Lee: 7 Reasons It Feels Like a Bear Market + Granny Rebalance – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer added 0.20 to 62.40. It remains Overbought.

The long term Barometer added 0.80 to 66.20. It remains Overbought.

TSX Momentum Barometers

The intermediate term Barometer was up 0.92 to 76.04. It remains Overbought.

The long term Barometer added 0.92 to 79.26. 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.

More from the network: Stock Market Outlook for February 25, 2026 Stock Market Outlook for February 24, 2026 Stock Market Outlook for February 23, 2026 Stock Market Outlook for February 20, 2026 Stock Market Outlook for February 19, 2026