Technical Notes

Materials SPDRs (XLB) moved above $53.70 to an all-time high extending an intermediate uptrend.

Strength in XLB was led by gains in base metal stocks. VALE, one of the largest base metal producers in the world moved above $14.74 completing a double bottom pattern. Southern Copper (SCCO) one of the world’s largest copper producers moved above $216.70 to an all-time high.

S&P 100 and NASDAQ 100 stock moving above resistance extending an intermediate uptrend included Target (TGT) on a move above $165.84 to a four year high, PepsiCo (PEP) on a move $145.43, Salesforce.com (CRM) on a move above $267.75, MasterCard (MA) on moves above $583.71, $583.71 and $598.04, Visa (V) on a move above $371.80 to an all-time high and Walt Disney (DIS) on a move above $109.64 and Verizon (VZ) on a move above $50.06 to an all-time high. Strength in MasterCard and Visa can be attributed to news that Walmart will roll out acceptance of their credit cards at all U.S. stores by the end of 2026.

Corn ETN (CORN) moved above $19.13 setting an intermediate uptrend.

Honeywell (HON) a Dow Jones Industrial Average stock moved below $214.79 setting an intermediate downtrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for August 24^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 August 24^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for August 24^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

MRKT Call – Monday, August 24^th: Guy Adami and Liz Thomas

MRKT Call – Monday, August 24th – YouTube

Canada to match U.S. tariffs dollar-for-dollar: BNN

Canada to match U.S. tariffs dollar-for-dollar – YouTube

Dan Ives Sees Nvidia Price Hike as Bullish Overall for Tech

Dan Ives Sees Nvidia Price Hike as Bullish Overall for Tech – YouTube

Investors Fret Over New Tariff Spat, Inflation Data, NVDA Earnings & Jackson Hole

Verified Investing

Investors Fret Over New Tariff Spat, Inflation Data, NVDA Earnings & Jackson Hole – YouTube

U.S. Trade Rep. Jamieson Greer on failed U.S.-Canada trade talks: ‘They wanted more’

U.S. Trade Rep. Jamieson Greer on failed U.S.-Canada trade talks: ‘They wanted more’ – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer added 2.80 to 60.60. It returned to Overbought on a recovery above 60.00.

The short term Barometer added 2.60 to 53.40. It remained Neutral.

The long term Barometer added 1.60 to 74.00. It remained Overbought.

TSX Momentum Barometers

The intermediate term Barometer added 0.46 to 59.36. It remained Neutral.

The short term Barometer dropped 1.37 to 54.79. It remained Neutral.

The long term Barometer added 3.20 to 73.97. It remained Overbought. Daily upturn 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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