Pre-opening Comments for Tuesday March 17th
U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EST.
WTI Crude Oil added $2.90 to $96.40 per barrel.
Royal Caribbean dropped $2.71 to $278.10 in response to higher crude oil prices.
Delta Airlines added $3.15 to $64.00 after the company hiked its revenue guidance.
EquityClock’s Market Outlook for March 17th
Market needs to hold Monday’s upside gap to allow the normal seasonal rise in stocks to proceed from here. See:
https://equityclock.com/2026/03/16/stock-market-outlook-for-march-17-2026/
Technical Notes
Imperial Oil (IMO.TO) a TSX 60 stock moved above Cdn$168.17 to an all-time high extending an intermediate uptrend.
Restaurant Brands International (QSR.TO) a TSX 60 stock moved above Cdn$102.09 extending an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for March 16th 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 16th 2026
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for March 16th 2026
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
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S&P 500 Momentum Barometers
The intermediate term Barometer added 1.00 to 33.40. It remains Oversold. First technical sign of a seasonal bottom?
The short term (20 days) Barometer added 2.60 to 25.80. It remains Oversold. The VIX Index dropped 3.68 to 23.51. First technical sign of a seasonal bottom?
The long term (200 day) Barometer added 1.60 to 51.40. It remains Neutral.
TSX Momentum Barometers
The intermediate term Barometer advanced 6.45 to 45.62. It changed from Oversold to Neutral on a recovery above 40.00. First technical sign of a seasonal bottom?
The short term (20 days) Barometer jumped 9.22 to 35.94. It remained Oversold. First technical signs of a seasonal bottom?
The long term Barometer added 0.92 to 74.19. It remained 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