Technical Notes
Bitcoin ($BTCUSD) moved below $74,400 extending an intermediate downtrend.
Travelers (TRV) a Dow Jones Industrial Average stock moved above $295.68 to an all-time high extending an intermediate uptrend (The main reason for strength by DJIA yesterday).
Booking Holdings (BKNG) an S&P 100 stock moved below $4,562.49 extending an intermediate downtrend.
AbbVie (ABBV) an S&P 100 stock moved below $210.00 extending an intermediate downtrend.
TSX 60 stocks breaking to all-time highs extending intermediate uptrends included Canadian Natural Resources (CNQ.TO) on a move above Cdn$51.71, Hydro One (H.TO) on a move above Cdn$55.12 and Sun Life Financial (SLF.TO) on a move above Cdn$89.14
Canadian Tire (CTC/A.TO) a TSX 60 stock moved above Cdn$177.86 extending an intermediate uptrend.
BCE (BCE.TO) a TSX 60 stock moved above Cdn$35.12 completing a reverse Head & Shoulders pattern.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for February 4th 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 February 4th 2026
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for February 4th 2025
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
Sector Rotation Is Picking Up — Here’s What’s Improving: Joe Rabil
Sector Rotation Is Picking Up — Here’s What’s Improving – YouTube
Editor’s Note: Includes comment on strength relative to the S&P 500 analysis for sectors offered daily in Tech Talk.
S&P 500 Momentum Barometers
The intermediate term Barometer added 5.20 to 68.40. It remains Overbought.
The long term Barometer added 3.80 to 68.80. It remains Overbought.
TSX Momentum Barometers
The intermediate term Barometer added 5.05 to 75.69. It remains Overbought.
The long term Barometer added 0.92 to 82.57. 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