Technical Notes
S&P 100 and NASDAQ 100 stocks moving above resistance extending an intermediate uptrend included Workday (WDAY) on a move above $153.90, Salesforce.com (CRM) on moves above $193.56 and $204.34, Okta (OKTA) on a move above $127.57, IBM (IBM) on a move above $320.70 and DexCom (DXCM) on a move above $75.97
S&P 100 and NASDAQ 100 stocks moving below support extending intermediate downtrends included Procter & Gamble (PG) on a move below $139.69, Southern Companies (SO) on a move below $90.85, Copart (CPRT) on a move below $32.20, Linde (LIN) on a move below $490.40, AstraZeneca (AZN) on a move below $180.00, American Electric Power (AEP) on a move below $124.18, Chipotle Mexican Grill (CMG) on a move below $30.60 and Xcel Energy (XEL) on a move below $76.18
S&P /TSX Technology iShares (XIT.TO) moved above Cdn$75.29 extending an intermediate uptrend. Most of the strength came from gains by Constellation Software.
Constellation Software (CSU.TO) a TSX 60 stock moved above Cdn$2,999.37 completing a double bottom pattern.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for June 1st 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 June 1st 2026
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for June 1st 2026
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
MRKT Call – Monday, June 1st: Guy Adami, Dan Nathan and Carter Worth
(Note ratio charts: S&P 500 Equal Weight versus Actual)
https://www.youtube.com/watch?v=h1HRVkeT2EM
We could see some of the biggest stock market gains in our lifetime after 2026: Fundstrat’s Tom Lee
https://www.youtube.com/watch?v=gpxPwY5apDg
TECH IS UNSTOPPABLE! Software RIPS Again, Nvidia CRUSHES Rivals (Key S&P 500 Levels!)
https://www.youtube.com/watch?v=U5-uhsqBDrY
S&P 500 Momentum Barometers
The intermediate term Barometer dropped 1.40 to 53.00. It remains Neutral.
The short term (20 days) Barometer dropped 4.20 to 46.80. It remains Neutral.
The long term Barometer dropped 3.80 to 55.40. It remains Neutral.
TSX Momentum Barometers
The intermediate term Barometer slipped 0.45 to 61.36. It remains Overbought.
The short term (20 days) Barometer dropped 2.73 to 56.36. It remains Neutral.
The long term Barometer dropped 3.64 to 73.18. 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