Pre-opening Comments for Wednesday April 8^th

U.S. equity index futures were higher this morning. S&P 500 futures jumped 175 points at 8:30 AM EST. Index futures responded to news that the U.S., Israel and Iran have agreed to a two week cease fire.

WTI Crude Oil responded to the news by dropping $18.45 to $94.41 per barrel.

Gold responded to the news by gaining $131.00 to $4,836.20 per ounce.

Levi Strauss (LEVI) gained $0.99 to $20.70 after reporting higher than consensus first quarter revenues and earnings. The company also issued positive second quarter guidance.

Delta Airlines gained $6.84 to $72.46 after reporting higher than consensus first quarter revenues and earnings.

EquityClock’s Market Outlook for April 8^th

After strongly outperforming the market so far this year, our next trick is… See:

https://equityclock.com/2026/04/07/stock-market-outlook-for-april-8-2026/

Technical Notes

Home Depot (HD) a Dow Jones Industrial Average stock moved below $318.27 completing a double top pattern.

Vertex (VRTX) a NASDAQ 100 stock moved below $429.00 extending an intermediate downtrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for April 7^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 April 7^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for April 7^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Top 10 Charts to Watch: April 2026 Breakouts & Key Levels: David Keller

Top 10 Charts to Watch: April 2026 Breakouts & Key Levels (stockcharts.com)

Trading Places Live! April 7, 2026: Tom Bowley

Trading Places Live! April 7, 2026 – YouTube

The Oil Shock Is Just Beginning: Stagflation, S&P 500 Levels & Gold Targets, And Trades

Verified Investing

The Oil Shock Is Just Beginning: Stagflation, S&P 500 Levels & Gold Targets, And Trades – YouTube

Top Picks for April 7, 2026: Colin Cieszynski

Colin Cieszynski’s Top Picks for April 7, 2026 – BNN Bloomberg

S&P 500 Momentum Barometers

The intermediate term Barometer slipped 2.80 to 31.00. It remains Neutral

The short term (20 days) Barometer dropped 5.60 to 52.40. It remains Neutral.

The long term Barometer added 0.60 to 49.80. It remains Neutral.

TSX Momentum Barometers

The intermediate term Barometer slipped 0.90 to 51.13. It remains Neutral.

The short term (20 days) Barometer dropped 1.36 to 71.95. It remains Overbought.

The long term Barometer dropped 2.26 to 72.85. 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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