Tech Talk for Friday June 5th 2026

Daily Reports Add comments

Technical Notes

Biotech ETF (FBT) moved above $224.94 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until July 20th. See seasonality chart at www.equityclock.com

clip_image001

Citigroup © an S&P 100 stock moved above $134.65 to a 17 year high extending an intermediate uptrend.

clip_image002

Abbott Labs (ABT) an S&P 100 stock moved $89.34 completing a double bottom pattern. Seasonal influences are favourable on a real and relative basis until the end of July. See seasonality chart at www.equityclock.com

clip_image003

American Tower (AMT) an S&P 100 stock moved above $198.52 extending an intermediate uptrend. Seasonal influences are favourable until July 11th. See seasonality chart at www.EquityClock.com

clip_image004

VALE (VALE) one of the largest base metals producers in the world moved below $15.78 completing a double top pattern.

clip_image005

T-Mobile (TMUS) an S&P 100 stock moved below $179.52 extending an intermediate downtrend.

clip_image006

Trader’s Corner

clip_image008

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for June 4th 2026

clip_image010

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 4th 2026

clip_image012

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for June 4th 2026

clip_image014

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

The Market Still Looks Bullish — But Something Changed: Tom Bowley

The Market Still Looks Bullish — But Something Changed – YouTube

The Oil Supply Shock Investors May Be Missing: Ninepoint Partners

The Oil Supply Shock Investors May Be Missing – YouTube

AI BUBBLE BURSTING? Broadcom & CrowdStrike Shock The Market! Verified Investing

https://www.youtube.com/watch?v=fAnErg4nyp8

Tech Breakdown Ahead? Managing Risk as Broadcom & CrowdStrike Slump Post-Earnings | CHART THIS: Dave Keller

https://www.youtube.com/watch?v=jqH318MOVcs

MRKT Call – Thursday, June 4th: Guy Adami and Dan Nathan

https://www.youtube.com/watch?v=U56KysQbB60

Something Just Changed In The Stock Market: Patrick Ceresna

https://www.youtube.com/watch?v=hwnGBkkdUbc

Tech Sector Is Breaking: The Technical Traders

https://www.youtube.com/watch?v=bSkE6PD8QNw

"Start Investing In These Sectors…" – Martin Armstrong

https://www.youtube.com/watch?v=rQxvhrx1jYw

S&P 500 Momentum Barometers

clip_image015

The intermediate Barometer added 6.00 to 56.00. It remains Neutral.

clip_image016

The short term (20 days) Barometer jumped 10.40 to 61.00. It changed from Neutral to Overbought on a move above 60.00.

The long term Barometer added 2.60 to 58.60. It remains Neutral.

TSX Momentum Barometers

clip_image017

The intermediate term Barometer added 3.18 to 64.55. It remains Overbought.

clip_image018

The short term (20 days) Barometer added 4.55 to 62.73. It changed from Neutral to Overbought on a move above 60.00.

The long term Barometer added 0.45 to 69.09. 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