Technical Notes
Base metals stocks and related ETFs were notably weaker: Teck Resources (TECK) dropped below US$59.20 and US$58.39 (Cdn$82.54 and Cdn$80.44) completing a short term Head & Shoulders patterns. BHP Group (BHP) moved below US$82.49 and US$80.98 completing a short term Head & Shoulders pattern.
Canadian Natural Resources (CNQ.TO) a TSX 60 stock moved below Cdn$56.94 completing a double top pattern.
Precision Drilling (PD.TO) a TSX 60 stock moved below Cdn$112.17 and US$82.18 completing a double top pattern
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for June 24th 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 24th 2026
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for June 24th 2026
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
This RSI Signal Could Warn of a Trend Change: Dave Keller
This RSI Signal Could Warn of a Trend Change – YouTube
Gold And Silver Continue Collapse, AI Attempts Bounce But Next Hard Sell Coming…
Verified Investing
Gold And Silver Continue Collapse, AI Attempts Bounce But Next Hard Sell Coming… – YouTube
James Lavish Gives Us His "Strategy" for Trading These Markets
James Lavish Gives Us His "Strategy" for Trading These Markets – YouTube
These Stocks Are Flashing the Same Signal: Joe Rabil
These Stocks Are Flashing the Same Signal – YouTube
Canadian Association for Technical Analysis Presentation
Time: 8:00 PM EDT Tonight
Speaker is Mark Kelly
Available to members! Not a member? New members are welcome. Contact Home – Canadian Association for Technical Analysis (canadianata.ca)
S&P 500 Momentum Barometers
The intermediate term Barometer added 3.60 to 63.60. It remained Overbought.
The short term (20 days) Barometer added 5.60 to 60.80. It changed from Neutral to Overbought on a move above 60.00.
The long term (200 days) Barometer added 2.00 to 63.80. It remained Overbought.
TSX Momentum Barometers
The intermediate term Barometer slipped 0.91 to 46.82. It remained Neutral.
The short term (20 days) Barometer slipped 0.91 to 38.18. It remained Oversold
The long term Barometer slipped 0.45 to 61.82. It remained 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.
|
|
Equity Clock Publications