Technical Notes

AstraZeneca (AZN) a NASDAQ 100 stock moved below $173.65 extending an intermediate downtrend. Its heart drug trial missed its target.

Pembina Pipeline (PPL.TO) a TSX 60 stock moved above Cdn$68.67 to an all-time high extending an intermediate uptrend.

Canadian Pacific Railway (CP.TO) a TSX 60 stock moved above Cdn$127.22 to an all-time high extending an intermediate uptrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for July 9^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 July 9^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for July 9^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Semiconductors Just Hit a Key Decision Point: Tom Bowley

Semiconductors Just Hit a Key Decision Point – YouTube

3 Things That Could Break the Summer Rally: Morgan Stanley

3 Things That Could Break the Summer Rally – YouTube

5 High-Quality Stocks Outside Tech You Should Be Watching Right Now feat. Seeking Alpha: Dave Keller

5 High-Quality Stocks Outside Tech You Should Be Watching Right Now feat. Seeking Alpha – YouTube

‘The next move for the Fed is going to be down, not up’: Thorne

‘The next move for the Fed is going to be down, not up’: Thorne – YouTube

Market Alert: Semis Begin Retrace Bounce, Money Rotates From Software, Oil, Gold & Silver: Verified Investing

Market Alert: Semis Begin Retrace Bounce, Money Rotates From Software, Oil, Gold & Silver – YouTube

Is now a good time to invest in Canadian banks? Paul Harris

Is now a good time to invest in Canadian banks? – YouTube

‘The biggest risk to the markets right now would be the midterm elections’: Schein

‘The biggest risk to the markets right now would be the midterm elections’: Schein – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer added 0.40 to 64.20. It remained Overbought.

The short term (20 days) Barometer added 1.80 to 59.60. It remained Neutral.

The long term Barometer added 0.20 to 64.60. It remained Overbought.

TSX Momentum Barometers

The intermediate term Barometer dropped 0.91 to 53.18. It remained Neutral.

The short term (20 days) Barometer dropped 1.82 to 54.55. It remained Neutral.

The long term Barometer added 0.91 to 60.45. It changed from Neutral to Overbought on a recovery above 60.00.

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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