Technical Notes
Advanced Micro Devices (AMD) an S&P 100 stock moved above $266.96 and $267.08 to an all-time high extending an intermediate uptrend.
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Johnson & Johnson (JNJ) a Dow Jones Industrial Average stock moved below $232.24 completing a double top pattern.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for April 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 April 16th 2026
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for April 16th 2026
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
The Market Hit New Highs — But This Is the Real Signal! Tom Bowley
The Market Hit New Highs — But This Is the Real Signal! – YouTube
Tom Lee: Stock market is in better position now than the all-time highs earlier this year
Tom Lee: Stock market is in better position now than the all-time highs earlier this year – YouTube
S&P Nears Mega-Resistance Parallel! Epic Rally Upside Target, Semi’s Fall In Market Warning Sign: Verified Investing
Is It Finally Software’s Time To Shine? Guy Adami, Dan Nathan and Liz Thomas
Is It Finally Software’s Time To Shine? – YouTube
S&P 500 Momentum Barometers
The intermediate term Barometer added 0.60 to 52.60. It remains Neutral.
The short term (20 days) Barometer added 2.60 to 74.20.It remains Overbought.
The long term Barometer added 0.40 to 56.60. It remains Neutral.
TSX Momentum Barometers
The intermediate term Barometer added 0.29 to 64.55. It remains Overbought.
The short term (20 days) Barometer dropped 3.76 to 68.64. It remains Overbought. Daily downtrend has been established.
The long term Barometer added 1.25 to 75.91. 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