Tech Talk for Wednesday September 23rd 2026

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Technical Notes

NASDAQ 100 Units (QQQ) moved above $747.05 to an all-time high extending an intermediate uptrend. NASDAQ Composite Index moved above 27,190.21 to an all-time high.

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Semiconductor ETF (SMH) moved above $600.37 and Semiconductor iShares (SOXX) moved above $565.65 extending an intermediate uptrend.

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Natural Gas ETN (UNG) moved above $10.82 completing a reverse Head & Shoulders pattern

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Danaher (DHR) an S&P 100 stock moved above $220.67 extending an intermediate uptrend. Seasonal influences are favourable until November 23rd. See seasonality chart at www.EquityClock.com

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U.S. Insurance iShares (IAK) moved below $139.86 extending an intermediate downtrend.

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Bank of New York Mellon (BNY) an S&P 100 stock moved below $151.68 extending an intermediate downtrend.

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Trader’s Corner

traders corner sept 23

Equity Indices and Related ETFs

spx sept 23


Commodities

crb sept 23

Sectors

xlk sept 23


Links offered by valued providers

New Highs, Old Warnings: Small Caps Aren’t Confirming This Rally: Guy Adami and Carter Worth

New Highs, Old Warnings: Small Caps Aren’t Confirming This Rally – YouTube

Market Resilience Isn’t Complacency: Mike Wilson, Morgan Stanley

Market Resilience Isn’t Complacency – YouTube

Trading Places Live September 22, 2026: Tom Bowley

Trading Places Live September 22, 2026 – YouTube

Breakout Confirmed, Oil Keeps Falling, Yields Down, Here Are The Major Trades!

Verified Investing

Breakout Confirmed, Oil Keeps Falling, Yields Down, Here Are The Major Trades! – YouTube

The Seasonals Are Weak but This Is Not a Normal Year: Tastylive

The Seasonals Are Weak but This Is Not a Normal Year – YouTube


S&P 500 Momentum Barometers

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The intermediate term Barometer slipped 0.20 to 31.40. It remained Oversold.

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The short term (20 days) Barometer added 3.00 to 28.80. It remained Oversold. Daily uptrend was set.

The long term Barometer dropped 1.60 to 51.00. It remained Neutral. Daily downtrend was extended.

TSX Momentum Barometers

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The intermediate term Barometer added 4.15 to 48.39. It remained Neutral. Daily uptrend was set.

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The short term (20 days) Barometer advanced 18.43 to 49.77. It changed from Oversold to Neutral on a recovery above 40.00. Daily uptrend was extended.

The long term Barometer added 5.07 to 58.53. It remained Neutral. Daily uptrend was set.

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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