Technical Notes
Home Builders SPDRs (XHB) moved below $102.71 setting an intermediate downtrend.
U.S. Brokers iShares (IAI) moved below $164.74 and $165.27 setting an intermediate downtrend.
U.S. Healthcare Providers (IHF) moved below $44.26 extending an intermediate downtrend.
Water Resources ETF (PHO) moved below $69.04 completing a double top pattern..
S&P 100 and NASDAQ 100 stocks moving below support setting intermediate downtrends included Nike (NKE) on a move below $56.61, Monster Beverages (MNST) on a move below $74.87, MMM (MMM) on a move below $149.88, Micron (MU) on a move below $363.90
CapREIT iShares (IYR.TO) moved below Cdn$15.79 extending an intermediate downtrend.
Barrick Gold (ABX.TO) a TSX 60 stock moved below Cdn$60.93 completing a double top pattern.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for March 9th 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 9th 2026
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for March 9th 2026
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
War, Oil Shock, and Weak Jobs Pound S&P 500: Tom Bowley
https://www.youtube.com/watch?v=jmMCyNSEKps
Volatility Spikes, Oil Surges: What The Charts Tell Us: Dan Nathan and Carter Worth
https://www.youtube.com/watch?v=TEEfSZqhpMA
‘Oil is a sell, gold’s a sell, stocks are a buy’: Thorne
https://www.youtube.com/watch?v=Tz2-H_f9qPQ
Oil Rally Ending Soon? Sector Rotation Strategy Revealed: ValueTrendCanada
https://www.youtube.com/watch?v=Wlk_9cbvxew
S&P 500 Momentum Barometers
The intermediate term Barometer added 0.80 to 46.00. It remains Neutral
The long term Barometer was unchanged at 57.60. It remains Neutral.
TSX Momentum Barometers
The intermediate term Barometer was unchanged at 57.14. It remains Neutral.
The long term Barometer dropped 1.38 to 76.50. It remains Overbought. Daily downtrend 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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Equity Clock Publications