Technical Notes
Oil and Gas Exploration SPDRs (XOP) moved above $189.43 to a 10 year high extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until mid-October. See seasonality chart at www.EquityClock.com
Walmart (WMT) a Dow Jones Industrial Average stock moved below $106.79 extending an intermediate downtrend.
S&P 100 and NASDAQ 100 stocks breaking above resistance extending an intermediate uptrend included Illumina (ILMN) on a move above $207.00, Dow Holdings (DOW) on a move above $32.73, Roper Technologies (ROP) on a move above $410.26, Coca Cola (KO) on a move above $90.92 and ConocoPhillips (COP) on a move above $133.97.
Canadian Natural Resources (CNQ.TO) a TSX 60 stock moved above Cdn$70.24 to an all-time high extending an intermediate uptrend.
Nutrien (NTR.TO) a TSX 60 stock moved above Cdn$99.37 setting an intermediate uptrend.
National Bank (NA.TO) a TSX 60 stock moved below Cdn$220.58 completing a double top pattern.
Bitcoin in U.S. Dollars ($BTCUSD) completed a reverse Head & Shoulder pattern on moves above $66,900 and $67,300
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for August 20th 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 20th 2026
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for August 20th 2026
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
This Could Be the Market’s Biggest Risk in September: Tom Bowley
This Could Be the Market’s Biggest Risk in September – YouTube
Yields Shake Off Treasury Intervention, Start Climbing Again, Markets Dump, Bitcoin Surges: Verified Investing
Yields Shake Off Treasury Intervention, Start Climbing Again, Markets Dump, Bitcoin Surges – YouTube
The Treasury Is Running Yield Curve Control Now: Dan Nathan and Liz Thomas
The Treasury Is Running Yield Curve Control Now – YouTube
S&P 500 Momentum Barometers
The intermediate term (50 days) Barometer dropped 6.60 to 55.20. It changed from Overbought to Neutral on a drop below 60.00. Daily downtrend was extended.
The short term (20 days) Barometer plunged 8.40 to 45.80. It remained Neutral. Daily downtrend was extended.
The long term (200 days) Barometer dropped 2.00 to 73.00. It remained Overbought.
TSX Momentum Barometers
The intermediate term (50 days) Barometer dropped 5.02 to 57.99. It changed from Overbought to Neutral on a drop below60.00. Daily downtrend was set.
The short term (20 days) Barometer dropped 0.91 to 54.34. It remained Neutral.
The long term (200 days) Barometer was unchanged at 71.89. 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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Equity Clock Publications