Technical Notes
Base Metals ETN (DBB) moved above $25.84 resuming an intermediate uptrend. Seasonal influences are favourable on a real and relative basis (relative to the S&P 500) until October 27th. See seasonality chart at www.EquityClock.com Base metals ETFs (XBM.TO in Canada and PICK in the U.S.) also recorded significant gains.
Oracle (ORCL) an S&P 100 stock moved above $159.26 setting an intermediate uptrend.
DR Horton (DHI) a NASDAQ 100 stock moved below $138.42 setting an intermediate downtrend.
Costco (COST) an S&P 100 stock moved below $905.77 extending an intermediate downtrend.
Mondelez (MDLZ) an S&P 100 stock moved below $60.65 completing a double top pattern.
United Parcel Service (UPS) an S&P 100 stock moved below $101.22 setting an intermediate downtrend.
Trader’s Corner
Equity Indices and Related ETFs
Commodities
Sectors
Links offered by valued providers
Oil Forces Yields Higher Ahead Of Fed, Markets Sell; But Tech Shows Strength, Here Are The Trade: Verified Investing.
https://www.youtube.com/watch?v=jPv7eOuR94w
Trading Places Live, September 8, 2026: Tom Bowley
https://www.youtube.com/watch?v=cCCjGUl0hgg
The Hindenburg Omen Keeps Firing in 2026, Should You Worry? Dave Keller
https://www.youtube.com/watch?v=T0b8Gard-us
MRKT Call – Tuesday, September 8th: Guy Adami and Dan Nathan
https://www.youtube.com/watch?v=yFl7jPOCwsQ
Market Call: Eric Nuttall’s Outlook on the pressures around energy stocks:
Market Call: Eric Nuttall’s Outlook on the pressures around energy stocks – YouTube
What to expect from Canada’s banks after strong Q3 earnings: BNN
What to expect from Canada’s banks after strong Q3 earnings – YouTube
CHART THIS with Dave Keller Tuesday 9/8/26: Dave Keller
https://www.youtube.com/watch?v=7OyGHjaUR1Q
S&P 500 Momentum Barometers
The intermediate term Barometer dropped another 4.60 to 43.20. It remained Neutral. Daily downtrend was extended.
The short term (20 days) Barometer plunged 8.60 to 27.80. It remained Oversold. Daily downtrend was extended.
The long term Barometer dropped 4.40 to 62.20. It remained Overbought. Daily downtrend was extended.
TSX Momentum Barometers
The intermediate Barometer dropped 5.50 to 50.00. It remained Neutral.
The short term (20 days) Barometer dropped 5.05 to 44.04. It remained Neutral.
The long term Barometer dropped 3.21 to 65.14. 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