Technical Notes

Oil Services ETF (OIH) moved above $450.85 to an 8 year high extending an intermediate uptrend.

Biotech ETF (BBH) moved below $180.00 extending an intermediate downtrend.

S&P 100 and NASDAQ 100 stocks moving below support extending intermediate downtrends included Regeneron (REGN) on a move below $668.84, NextEra Energy (NEE) on a move below $89.90 and $89.17

S&P 100 and NASDAQ 100 stocks moving above resistance extending an intermediate uptrend included Costco (COST) on a move above $1,070.80 to an all-time high, Union Pacific (UNP) on a move above $274.79 to an all-time high and Zscaler (ZS) on a move above $166.30. Seasonal influences are favourable until August 25^th. See seasonality chart at www.EquityClock.com

Yield on 30 year U.S. Treasury Bonds moved above 5.15% to a 20 year high

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for May 18^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 18^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for May 18^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

SpaceX RUSHED To Beat Bear Market? | Yield Shock, $105 Oil, NVDA: Verified Investing

SpaceX RUSHED To Beat Bear Market? | Yield Shock, $105 Oil, NVDA – YouTube

Chart Check on Nvidia & Retail Ahead of Earnings | $NVDA $HD $WMT $TGT: Guy Adami, Dan Nathan and Carter Worth

Chart Check on Nvidia & Retail Ahead of Earnings | $NVDA $HD $WMT $TGT – YouTube

US agrees to waive Iran oil sanctions during talks, state media says: Al Jezeera

US agrees to waive Iran oil sanctions during talks, state media says – YouTube

Reports Reveal Details About Tehran’s Latest Peace Proposal to Washington: WION

Reports Reveal Details About Tehran’s Latest Peace Proposal to Washington | WION BREAKING – YouTube

Iran officially announces new body to manage Strait of Hormuz • FRANCE 24 English

Iran officially announces new body to manage Strait of Hormuz • FRANCE 24 English – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer added 7.80 to 51.80. It remains Neutral.

The short term (20 days) Barometer added 7.80 to 43.80. It returned back to Neutral from Oversold on a recovery above 40.00.

The long term Barometer added 3.60 to 56.00. It remained Neutral.

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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