Technical Notes
Commodity ETN (DBC), led by energy prices, spiked higher to a four year high.
U.S. Crude Oil ETN (USO) moved above $84.58 extending an intermediate uptrend.
S&P Oil and Gas Exploration SPDRs (XOP) moved above $155.49 to a ten year high extending an intermediate uptrend.
Israel iShares (EIS) moved above $124.53 to an all-time high extending an intermediate uptrend.
General Motors (GM) an S&P 100 stock moved below $79.08 and $77.35 completing a Head & Shoulders pattern.
Advanced Micro Devices (AMD) an S&P 100 stock moved below$190.72 setting an intermediate downtrend.
Rogers Communications (RCI/B.TO) a TSX 60 stock moved above Cdn$55.61 extending an intermediate uptrend.
Canadian Pacific (CP.TO) a TSX 60 stock moved above Cdn$121.51 to an all-time high extending an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for March 2nd 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 March 2nd 2026
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for March 2nd 2025
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
Volatility Heightens: Oil Spikes, Stock Futures Fall After U.S. & Israel Bomb Iran
Schwab Network
Volatility Heightens: Oil Spikes, Stock Futures Fall After U.S. & Israel Bomb Iran – YouTube
Expect March to be an up month for the stock market, says Fundstrat’s Tom Lee
Expect March to be an up month for the stock market, says Fundstrat’s Tom Lee – YouTube
‘This has very quickly become the worst-case scenario for investors’: Nuttall on U.S. war in Iran
S&P 500 Momentum Barometers
The intermediate term Barometer slipped 0.80 to 62.00. It remains Overbought.
The long term Barometer slipped 0.40 to 67.00. It remains Overbought.
TSX Momentum Barometers
The intermediate term Barometer added 1.38 to 76.96. It remains Overbought.
The long term Barometer dropped 1.38 to 78.80. 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