Technical Notes

Gold Miners ETF (GDX) moved below $73.63 extending an intermediate downtrend. Junior Gold Miners ETF (GDXJ) moved below $94.33 extending an intermediate downtrend.

Silver Miners ETF (SIL) moved below $73.99 extending an intermediate downtrend.

S&P/TSX Gold iShares (XGD.TO) moved below support at Cdn$45.90. Individual precious metal stocks in the TSX 60 Index breaking support extending intermediate downtrends included Franco-Nevada (FNV )on a move below Cdn$285.92, Wheaton Precious Metals (WPM) on a move below US$106.82 and Barrick Gold on a move below Cdn$49.80

Vale (VALE) one of the largest base metal producers in the world moved below $13.99 completing a double top pattern.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for July 8^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 July 8^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for July 8^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

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Cease Fire Cancelled, Oil Jumps, Semi’s Eye Support – Institutional Technical Analysis:

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S&P 500 Momentum Barometers

The intermediate term Barometer dropped 3.60 to 63.80. It remains Overbought.

The short term Barometer dropped 9.40 to 57.80. It changed from Overbought to Neutral on a drop below 60.00.

The long term Barometer dropped 3.40 to 64.40. It remained Overbought.

TSX Momentum Barometers

The intermediate term Barometer slipped 0.91 to 54.09. It remained Neutral

The short term (20 days) Barometer added 1.36 to 56.36. It remained Neutral.

The long term Barometer dropped 2.73 to 59.55. It changed from Overbought to Neutral on a drop below 60.00. Daily downtrend was extended.

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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