Technical Notes
China Large Cap iShares (FXI) moved above $37.88 completing a modified Reverse Head & Shoulders pattern.
KraneShares China Internet ETF (KWEB) moved above $30.73 completing a double bottom pattern.
Silver Equity ETN (SIL) moved above $103.55 resetting an intermediate uptrend.
Platinum ETN (PPLT) moved above $194.97 resetting an intermediate uptrend.
S&P 100 and NASDAQ 100 stocks breaking resistance extending intermediate uptrends included JD.com (JD) on a move above $32.05, Costco (COST) on a move above $1,034.30, CVS Health (CVS) on a move above $95.89 to an all-time high, Biogen (BIIB) on a move above $202.41, NetEase.com (NTES) on a moves above $119.49 and $119.94, Ford on a move above $12.88, Palo Alto (PANW) on a move above $223.61 and ON Semiconductor (ON) on a move above $111.35 to an all-time high
IBM (IBM) a Dow Jones Industrial Average stock moved below support at $219.11 extending an intermediate downtrend.
Roper Technologies (ROP) a NASDAQ 100 stock moved below support at $312.27 extending an intermediate downtrend.
Water Resources ETF (PHO) moved below $65.37 extending an intermediate downtrend.
Pembina Pipelines (PPL.TO) a TSX 60 stock moved above Cdn$64.27 to an all-time high extending an intermediate uptrend.
George Weston (WN.TO) a TSX 60 stock moved below Cdn$93.14 completing a Head & Shoulders pattern.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for May 12th 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 13th 2026
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for May 13th 2026
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
SHOCKING PPI SURGE! Inflation Explodes as Insiders Rig System: Verified Investing
SHOCKING PPI SURGE! Inflation Explodes as Insiders Rig System – YouTube
MRKT Call – Wednesday, May 13th: Guy Adami and Dan Nathan
https://www.youtube.com/watch?v=cnUiFFVioDg
Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022: Rick Santelli
https://www.youtube.com/watch?v=4hZe4cF5boY
The Most Dangerous Stock Market Setup in History is Here. Bravos Research
https://www.youtube.com/watch?v=HUSPFNHI6PY
The Next 6 Months Will Make History. Bravos Research
https://www.youtube.com/watch?v=ZyC3GRY5e1M
S&P Climbing Till June; Long-Term Forecast: Allen Remenick
https://www.youtube.com/watch?v=CRa18D0quRE
Jet Fuel Crisis & Strait of Hormuz: ArmstrongEconomics.com
https://www.youtube.com/shorts/1IRQu3LMqUw
S&P 500 Momentum Barometers
The intermediate term Barometer dropped 5.20 to 45.60. It remained Neutral. Daily trend is down.
The short term (20 days) Barometer dropped 2.40 to 41.40. It remained Neutral. Daily trend is down.
The long term Barometer dropped 1.00 to 54.40. It remains Neutral. Daily downtrend was extended.
TSX Momentum Barometers
The intermediate term Barometer dropped 2.27 to 61.36. It remained Overbought.
The short term (20 days) Barometer dropped 6.36 to 57.73. It changed from Overbought to Neutral on a drop below 60.00.
The long term Barometer dropped 0.91 to 73.18. 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