Technical Notes
Pharmaceutical ETF (PPH) moved above $114.57 to an all-time high. Strength was led by Bristol-Myers (BMY), Johnson & Johnson (JNJ) and Eli Lilly (LLY) to all-time highs and by Pfizer (PFE) completing a reverse Head & Shoulders pattern.
Other S&P 100 and NASDAQ 100 stock breaking resistance extending an intermediate uptrend included Comcast (CMCSA) on a move above $26.74, DR Horton (DHI) on a move above $152.29, Danaher (DHR) on a move above $209.90, Adobe (ADBE) on a move above $275.44, Biogen (BIIB) on a move above $219.72 and AT&T (T) on a move above $25.32
TSX Financial Services iShares (XFN.TO) moved below intermediate support at Cdn$94.10 completing a double top pattern. BMO Equal Weight Banks ETF (ZEB.TO) moved below intermediate support at $74.66 completing a modified double top pattern. Individual banks breaking intermediate support included Bank of Montreal (BMO.TO) on a move below $244.28, Commerce Bank (CM.TO) on a move below $162.77, Toronto Dominion Bank (TD.TO) on a move below $164.11 and Royal Bank (RY.TO) on a move below $289.17.
TSX Energy iShares (XEG.TO) moved above Cdn$28.68 to an all-time high extending an intermediate uptrend.
Canadian Pacific (CP.TO) a TSX 60 stock moved above Cdn$131.80 to an all-time high extending an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for August 19th 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 August 19th 2026
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for August 19th 2026
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
Bitcoin leaders meet in the White House with President Trump
LIVE: President Trump delivers remarks with technology leaders — 8/19/2026 – YouTube
MU, AVGO & META: These Levels Could Decide What’s Next: Dave Keller
MU, AVGO & META: These Levels Could Decide What’s Next – YouTube
Government Buys Back Debt, Markets Surge, Dollar Drops, Yields Collapse…Gold And Bitcoin SURGE: Verified Investing
3 Straight Double-Digit Years: What Followed the Last 4 Times: Jazz Wealth Managers
3 Straight Double-Digit Years: What Followed the Last 4 Times – YouTube
The Treasury Just Blinked: QE Is Back On The Menu: Guy Adami and Dan Nathan
The Treasury Just Blinked: QE Is Back On The Menu – YouTube
These Gold Stocks Have the Better Setups Right Now: Joe Rabil
These Gold Stocks Have the Better Setups Right Now – YouTube
S&P 500 Momentum Barometers
The intermediate term (50 days) Barometer added 0.80 to 61.80. It remained Overbought.
The short term (20 days) Barometer slipped 0.20 to 54.20. It remained Netral.
The long term (200 days) Barometer added 4.00 to 75.00. It remained Overbought. Daily uptrend was extended.
TSX Momentum Barometers
The intermediate term (50 days) Barometer slipped 0.46 to 63.01. It remained Overbought.
The short term (20 days) Barometer added 0.46 to 55.25. It remained Neutral.
The long term (200 days) Barometer added 5.48 to 71.69. It remained 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