Pre-opening Comments for Tuesday March 31st
U.S. equity index futures were higher this morning. S&P 500 futures were up 73 points at 8:30 AM EST.
WTI Crude Oil advanced $1.85 to $104.73 per barrel.
EquityClock’s Market Outlook for March 31st
The seasonally strong month of April in the equity market will be pivotal for the longer-term trend of stocks and the economy. See:
https://equityclock.com/2026/03/30/stock-market-outlook-for-march-31-2026/
A Bull Market May Be Closer Than It Looks: Mike Wilson, Morgan Stanley
A Bull Market May Be Closer Than It Looks – YouTube
Technical Notes
Semiconductor iShares (SOXX) moved below $316.03 completing a Head & Shoulders pattern.
ASML (ASML) a NASDAQ 100 stock moved below $1,276.11 completing a Head & Shoulders pattern.
Broadcom (AVGO) an S&P 100 stock moved below $294.68 extending an intermediate downtrend.
Intel (INTC) an S&P 100 stock moved below $41.64 extending an intermediate downtrend.
GE Aerospace (GE) an S&P 100 stock moved below $278.91 setting an intermediate downtrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for March 27th 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 30th 2026
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for March 30th 2026
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
OIL Flashes MASSIVE Sell Signal: Investors PANIC, Why I Am BUYING This Market Bounce! Verified Investing
OIL Flashes MASSIVE Sell Signal: Investors PANIC, Why I Am BUYING This Market Bounce! – YouTube
Carter Worth: It’s Official, We’re In A Bear Market
Carter Worth: It’s Official, We’re In A Bear Market – YouTube
S&P 500 Momentum Barometers
The intermediate term Barometer added 0.60 to 21.00. It remains Oversold.
The short term (20 days) Barometer added 3.80 to 17.20. It remains Oversold.
The long term Barometer added 1.20 to 45.20. It remains Neutral
TSX Momentum Barometers
The medium term Barometer added 0.91 to 31.22. It remains Oversold.
The short term Barometer added 2.71 to 31.22. It remains Oversold.
The long term Barometer slipped 0.45 to 71.95. 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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Equity Clock Publications