Technical Notes
Emerging Markets iShares (EEM) moved above $86.96 to an all-time high extending an intermediate uptrend.
Italy iShares (EWI) moved above $59.17 to an all-time high extending an intermediate uptrend.
Hong Kong iShares (EWH) moved above $24.27 to an all-time high extending an intermediate uptrend.
BHP (BHP) one of the world’s largest base metals miners moved above $81.61 to an all-time high extending an intermediate uptrend. A major contributor to strength in Global Base Metals iShares (XBM.TO)!
Shopify (SHOP.TO) a TSX 60 stock moved below Cdn$143.00 extending an intermediate downtrend.
Loblaw Companies (L.TO) a TSX 60 stock moved below Cdn$60.14 completing a Head & Shoulders pattern.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for May 6th 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 May 6th 2026
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for May 6th 2026
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
Market Rotation. Where’s the Money Moving Now? Frank Capperelli
Market Rotation. Where’s the Money Moving Now? – YouTube
The Mania Nobody Wants to Call a Mania: Guy Adami and Dan Nathan
The Mania Nobody Wants to Call a Mania – YouTube
Is the AI Bubble About to Pop Or Can It Go On Forever? AMD Surges 20% & Bitcoin Hits $82,500! Verified Investing
Why breakouts like Micron’s still work — my : Dave Keller
https://www.youtube.com/shorts/sANY-hsIAc4
S&P 500 Momentum Barometers
The intermediate term Barometer added 4.92 to 55.40. It remains Neutral.
The short term (20 days) Barometer added 2.00 to 52.40. It remains Neutral.
The long term Barometer added 2.00 to 52.80. It remains Neutral.
TSX Momentum Barometers
The intermediate term Barometer added 2.73 to 56.36. It remains Neutral.
The short term (20 days) Barometer jumped 7.27 to 58.64. It remains Neutral.
The long term Barometer added $3.55 to 74.55. 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