Technical Notes
Yield on 10 year U.S. Treasuries increased 0.09% to another 19 year high at 5.16%.
Interest sensitive stocks (e.g. Utilities) responded to the downside on higher interest rates.
Xcel Energy (XEL) a NASDAQ 100 stock moved below $70.25 extending an intermediate downtrend.
NextEra (NEE) another utility stock and an S&P 100 stock moved below $76.69 extending an intermediate downtrend.
Alcoa (AA) moved below $42.40 extending an intermediate downtrend.
Starbucks (SBUX) a Dow Jones Industrial Average stock moved below $93.11 extending an intermediate downtrend.
FedEx (FDX) an S&P 100 stock moved below $283.00 extending an intermediate downtrend.
Trader’s Corner
Equity Indices and Related ETFs
Commodities
Sectors
Links offered by valued providers
The BEST Chart in All 11 Sectors (September 2026): David Keller
The BEST Chart in All 11 Sectors (September 2026) (stockcharts.com)
Yields Ripping, Markets Panic But Bull Technical Signals Say Upside, Gold, Bitcoin: Verified Investing
Yields Ripping, Markets Panic But Bull Technical Signals Say Upside, Gold, Bitcoin – YouTube
Five Groups are Standing Out, and One is Leading Them All: Tom Bowley
Five Groups are Standing Out, and One is Leading Them All (stockcharts.com)
Strange Things Are Happening In Markets: Guy Adami and Dan Nathan
Strange Things Are Happening In Markets – YouTube
Don’t Jump in Front of the Freight Train! | 2026 Tech Dominance & RRGs with Julius de Kempenaer
S&P 500 Momentum Barometers
The intermediate term Barometer dropped 3.00 to 26.60. It remained Oversold. Daily downtrend was extended.
The short term (20 days) Barometer dropped 1.20 to 25.20. It remained Oversold.
The long term Barometer dropped another 2.60 to 47.00. It remained Neutral. Daily downtrend was extended.
TSX Momentum Barometers
The intermediate term Barometer dropped 3.69 to 40.55. It remained Neutral.
The short term (20 days) Barometer dropped 0.92 to 30.41. It remained Oversold.
The long term Barometer dropped 0.46 to 52.53. It remained Neutral.
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.
|
|
Equity Clock Publications