Tech Talk for Wednesday April 29th 2026

Daily Reports Add comments

Technical Notes

Morgan Stanley China Fund (CAF) moved above $18.69 to a five year high extending an intermediate uptrend.

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Wheat ETN (WEAT) moved above $23.83 and $24.35 extending an intermediate uptrend.

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Medical Devices iShares (IHI) moved below $52.12 extending an intermediate downtrend.

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Pharmaceutical ETF (PPH) moved below $99.39 setting an intermediate downtrend.

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GE Healthcare Technologies (GEHC) moved below $66.41 extending an intermediate downtrend.

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Royal Caribbean Cruises (RCL) a NASDAQ 100 stock moved below $256.16 setting an intermediate downtrend.

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Warner Brothers Discovery (WBD) a NASDAQ 100 stock moved below $26.61 completing a double top pattern.

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Couche Tard (ATD.TO) a TSX 60 stock moved below Cdn$75.60 completing a double top pattern.

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Trader’s Corner

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Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for April 28th 2026

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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 28th 2026

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Green: Increase from previous day

Red: Decrease from previous day


Sectors

Daily Seasonal/Technical Sector Trends for April 28th 2026

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Green: Increase from previous day

Red: Decrease from previous day

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S&P 500 Momentum Barometers

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The intermediate term Barometer added 1.00 to 52.20. It remains Neutral.

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The short term (20 days) Barometer slipped 0.20 to 57.00. It remains Neutral. Daily downtrend was extended.

The long term Barometer added 0.80 to $57.40. It remains Neutral.

TSX Momentum Barometers

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The intermediate term Barometer dropped 3.64 to 49.09. It remains Neutral. Daily downtrend was extended.

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The short term (20 days) Barometer dropped another 3.18 to 46.36. It remains Neutral. Daily downtrend was extended.

The long term Barometer dropped 1.82 to 71.82. It remains Overbought. Daily downtrend was extended.

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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