Tech Talk for Thursday April 16th 2026

Daily Reports Add comments

Technical Notes

S&P 500 Index ($SPX) moved above 7,002.28 and S&P 500 SPDRs (SPY) moved above $695.94 to an all-time high extending an intermediate uptrend.

clip_image001

clip_image002

NASDAQ Composite Index moved above $26,165.08 to an all-time high and NASDAQ 100 Index moved above $26,165.08 to an all-time high. Ditto for NASDAQ QQQ Trust on a move above $635.80!

clip_image003

clip_image004

Australia iShares (EWA) moved above $30.24 to an all-time high extending an intermediate uptrend.

clip_image005

S&P 100 and NASDAQ 100 stocks breaking resistance extending intermediate uptrends included Nvidia (NVDA) on a moved above $197.62, Morgan Stanley (MS) on a move above $191.62 to an all-time high, Oracle (ORCL) on a move above $171.16 completing a double bottom pattern and PayPal (PYPL) on move above $48.35.

clip_image006

clip_image007

S&P/TSE REIT iShares (XRE.TO moved above Cdn$16.55 to a 4 year high extending an intermediate uptrend.

clip_image008

TSX Financial stocks led the advance on the TSE yesterday. Bank of Montreal (BMO.TO) a TSX 60 stock moved above Cdn$204.57 to an all-time high extending an intermediate uptrend.

Power Corp (POW.TO) a TSX 60 stock moved above Cdn$73.75 to an all-time high extending an intermediate uptrend. Sun Life Financial (SLF.TO) a TSX 60 stock moved above Cdn$93.78 to an all-time high extending an intermediate uptrend.

clip_image009

clip_image010

clip_image011

Trader’s Corner

clip_image013

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for April 15th 2026

clip_image015

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 April 15th 2026

clip_image017

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for April 15th 2026

clip_image019

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Stocks Near Record Highs: Are We Out Of The Woods? Guy Adami and Dan Nathan

Stocks Near Record Highs: Are We Out Of The Woods? – YouTube

CRITICAL WARNING: The Exact Targets for Gold, Silver & Oil Revealed! Gareth Soloway

CRITICAL WARNING: The Exact Targets for Gold, Silver & Oil Revealed! – YouTube

S&P 500 Momentum Barometers

clip_image020

The intermediate term Barometer dropped 1.80 to 52.00. It remains Neutral.

clip_image021

The short term (20 days) Barometer slipped 1.00 to 71.60. It remains Overbought.

The long term Barometer slipped 1.40 to 56.20. It remains Neutral.

TSX Momentum Barometers

clip_image022

The intermediate term Barometer dropped 2.71 to 64.25. It remains Overbought.

clip_image023

The short term (20 days) Barometer was unchanged at 72.40. It remains Overbought.

The long term Barometer slipped 0.90 to 74.66. 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.




Leave a Reply

Entries RSS Comments RSS Log in