Pre-opening Comments for Wednesday March 11^th

U.S. equity index futures were lower this morning. S&P 500 futures were down 13 points at 8:35 AM EST.

S&P 500 futures dropped 14 points following release of the February U.S. Consumer Price Index at 8:30 AM EST. Consensus was a 0.3% increase versus a 0.2% increase in January. Actual was up 0.3%. On a year-over-year basis, February CPI was expected to increase 2.4% versus a 2.4% increase in January. Actual was up 2.4% Excluding food and energy, February CPI was expected to increase 0.2% versus a 0.3% in January. Actual was up 0.2%. On a year-over-year basis, core CPI was expected to increase 2.5% versus a 2.5% increase in January. Actual was up 2.5%.

WTI Crude Oil dropped $3.29 to $83.10 per barrel.

Oracle added $14.09 to $163.49 after reporting higher than consensus fiscal third quarter revenues and earnings. The company also offered positive guidance.

Unifirst (UNF) added $23.99 to $281.90 after Cintas offered to purchase the company in a deal valued at $5.5 billion.

EquityClock’s Market Outlook for March 11^th

If you like Software as a trade, you should really like the longer-term opportunity in this other segment of the Technology sector. See:

https://equityclock.com/2026/03/10/stock-market-outlook-for-march-11-2026/

Technical Notes

Vertex (VRTX) a NASDAQ 100 stock moved above $503.88 extending an intermediate uptrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for March 10^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 March 10^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for March 10^th 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Volatile Markets: Oil Declines, Stocks Rise Slowly: Guy Adami and Dan Nathan

Volatile Markets: Oil Declines, Stocks Rise Slowly – YouTube

Nothing, but Buying Yesterday! What Does This Mean? | Trading Places Live! March 10, 2026: Tom Bowley

Nothing, but Buying Yesterday! What Does This Mean? | Trading Places Live! March 10, 2026 – YouTube

Institutional Insights: S&P 500 Breakdown, Next BIG Oil Move & The AI Earnings Test Tonight (ORCL): Verified Investing

Institutional Insights: S&P 500 Breakdown, Next BIG Oil Move & The AI Earnings Test Tonight (ORCL) – YouTube

The Big Picture: Whipsaw Price Action Impacts Investing Duration” Schwab Network

The Big Picture: Whipsaw Price Action Impacts Investing Duration – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer dropped another 4.60 to 41.40. It remains Neutral. Daily downtrend was extended.

The long term Barometer dropped another 3.00 to 54.60. It remains Neutral. Daily downtrend was extended.

Short term Barometer (20 days) dropped 5.60 to 29.20. It remains Oversold. Daily downtrend was extended.

TSX Momentum Barometers

The intermediate term Barometer dropped 0.46 to 56.68. It remains Neutral.

The long term Barometer added 0.46 to 76.96. 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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