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
Citigroup © an S&P 100 stock moved above $134.65 to a 17 year high extending an intermediate uptrend.
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
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
VALE (VALE) one of the largest base metals producers in the world moved below $15.78 completing a double top pattern.
T-Mobile (TMUS) an S&P 100 stock moved below $179.52 extending an intermediate downtrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for June 4th 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 4th 2026
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for June 4th 2026
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
The intermediate Barometer added 6.00 to 56.00. It remains Neutral.
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
The intermediate term Barometer added 3.18 to 64.55. It remains Overbought.
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
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Equity Clock Publications