Technical Notes

20 + year U.S. Treasury Bond iShares (TLT) moved below $84.80 setting an intermediate downtrend.

Soybean ETN (SOYB) moved above $25.04 to a two year high extending an intermediate uptrend.

Home Depot (HD) a Dow Jones Industrial Average stock moved below $315.31 setting an intermediate downtrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for May 4^th 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 May 4^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for May 4^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Stocks still have tailwinds through May into July, says Fundstrat’s Tom Lee

Stocks still have tailwinds through May into July, says Fundstrat’s Tom Lee – YouTube

Mag Seven Diverging: Winners & Losers For The Rest of 2026: Dan Nathan, Carter Worth

Mag Seven Diverging: Winners & Losers For The Rest of 2026 – YouTube

Historic 15% S&P 500 Surge: Bull Market Unstoppable Or Is THIS Reversal Signal A Trap? Verified Investing

Historic 15% S&P 500 Surge: Bull Market Unstoppable Or Is THIS Reversal Signal A Trap? – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer dropped 3.40 to 51.40. It remains Neutral.

The short term (20 days) Barometer plunged 9.40 to 46.40. It remains Neutral. Daily downtrend was extended.

The long term Barometer dropped 2.20 to 55.60. It remains Neutral.

TSX Momentum Barometers

The intermediate term Barometer dropped 3.18 to 51.82. It remains Neutral.

The short term (20 days) Barometer dropped 6.36 to 49.55. It remains Neutral.

The long term Barometer dropped 1.82 to 69.55. 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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