Technical Notes

Corn ETN (CORN) moved above $18.43 setting an intermediate uptrend.

BMO Equal Weight Canadian Banks ETF (ZEB.TO) moved above Cdn$78.66 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until October 24^th. See seasonality chart at www.EquityClock.com

Nike (NKE) a Dow Jones Industrial Average stock moved below $40.00 to an 11 year low extending an intermediate downtrend.

Cenovus Energy (CVE.TO) a TSX 60 stock moved above Cdn$43.88 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until October 15^th on a real and relative basis. See seasonality chart at www.equityclock.com

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for August 17^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 August 17^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for August 17^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

S&P Remains Bullish But Bond Market Is Warning A Crash May Be Coming: Here Is The Analysis

S&P Remains Bullish But Bond Market Is Warning A Crash May Be Coming: Here Is The Analysis – YouTube

Peter Boockvar: Inflation Is The Core Disease

Peter Boockvar: Inflation Is The Core Disease – YouTube

Avoid the Momentum Trap | Find True Value with Kevin Abbott

Avoid the Momentum Trap | Find True Value with Kevin Abbott – YouTube

Expect markets to grind higher into the end of the year, says Hightower’s Stephanie Link

Expect markets to grind higher into the end of the year, says Hightower’s Stephanie Link – YouTube

Carter Worth: The S&P’s Next 10% Move Is Down – Here’s What to Buy

Carter Worth: The S&P’s Next 10% Move Is Down – Here’s What to Buy – YouTube

RBC’s Lori Calvasina Sees S&P 500 Upside Despite Fed Risk:

RBC’s Lori Calvasina Sees S&P 500 Upside Despite Fed Risk – YouTube

‘Canada’s very investible at this point’: Heywood”

‘Canada’s very investible at this point’: Heywood – YouTube

Market Call: Keith Richards’ outlook on Technical Analysis (Aug. 17, 2026)

Market Call: Keith Richards’ outlook on Technical Analysis (Aug. 17, 2026) – YouTube

S&P 500 Momentum Barometers

The intermediate term (50 day) Barometer dropped 7.40 to 63.00. It remained Overbought.

The short term (20 day) Barometer dropped 9.60 to 58.40. It changed from Overbought to Neutral on a move below 60.00.

The long term (200 days) Barometer dropped 3.00 to 71.40. It remained Overbought.

TSX Momentum Barometers

The intermediate term (50 days) Barometer dropped 1.37 to 64.84. It remained Overbought.

The short term (20 days) Barometer dropped 5.48 to 58.90. It changed from Overbought to Neutral on a drop below 60.00.

The long term (200 days Barometer) dropped 2.74 to 68.94. 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

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