Technical Notes
U.S. Natural Gas Fund ETN (UNG) moved above $13.46 completing a double bottom pattern.
Europe iShares (IEV) moved above $65.54 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until early January. See seasonality chart at www.equityclock.com
Amex Biotech ETF (FBT) moved above $183.60 to an all-time high extending an intermediate uptrend. VanEck Biotech ETF (BBH) moved above $169.41 and $170.61 extending an intermediate uptrend. Leading the move was a breakout by Biogen (BIIB) above $150.28 extending an intermediate uptrend.
Base Metals iShares (PICK) moved above $44.84 extending an intermediate uptrend. Seasonal influences are favourable until January 7th. See seasonality chart at www.EquityClock.com
Pfizer (PFE) a Dow Jones Industrial Average stock moved above $$26.11 and $26.28 completing a reverse Head & Shoulders pattern. Merck (MRK) a Dow Jones Industrial Average stock move above $86.98 extending an intermediate uptrend. Eli Lilly (LLY) an S&P 100 stock moved above $823.19 setting an intermediate uptrend. Strength in PFE, MRK and LLY was a major reason why VanEck Pharmaceutical ETF (PPH) broke to a 12 month high.
Dollarama (DOL.TO) a TSX 60 stock moved below $181.80 completing a Head & Shoulders pattern.
S&P 100 and NASDAQ 100 stocks moving below support setting intermediate downtrends included Meta Platforms (META), Booking Holdings (BKNG), Atlassian (TEAM), Mercadolibre (MELI), Linde (LIN), eBay (EBAY), Gilead Sciences (GILD) and Analog Devices (ADI).
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for October 1st 2025
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 October 1st 2025
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for October 1st 2025
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
10 Must-See Charts For October 2025: Jason Rose and David Keller
10 Must-See Charts For October 2025 – YouTube
MRKT Call – Wednesday, October 1st: Guy Adami and Dan Nathan
MRKT Call – Wednesday, October 1st – YouTube
BMO’s Brian Belski: The Fed has to bring some credibility back with the market
BMO’s Brian Belski: The Fed has to bring some credibility back with the market – YouTube
G Squared’s Victoria Greene: Q4 seasonality and technicals make the case to stay long risk assets
Halftime Report’ team break down their Q4 investment strategies
‘Halftime Report’ team break down their Q4 investment strategies – YouTube
Treasury rates fall on weak ADP jobs report: Rick Santelli
Treasury rates fall on weak ADP jobs report – YouTube
Canada in investment crisis: Business Council of Canada
Canada in investment crisis: Business Council of Canada – YouTube
S&P 500 Momentum Barometers
The intermediate term Barometer slipped 0.60 to 58.00. It remains neutral.
The long term Barometer added 0.60 to 67.00. It remains Overbought.
TSX Momentum Barometers
The intermediate Barometer added 1.88 to 74.65. It remains Overbought.
The long term Barometer added 0.94 to 86.39. 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