Tech Talk for Tuesday October 6th 2026

Daily Reports Add comments

Technical Notes

The U.S. Dollar (USD)) moved above 101.80 to an 18 month high extending an intermediate uptrend.

image

Conversely, Canadian Dollar ($XDC) moved below US70.17 to an 18 month low extending an intermediate downtrend.

image

Brazil iShares (EWZ) moved above $41.62 to an 18 year high extending an intermediate uptrend. Responded to Brazil’s federal election results!

image

MMM (MMM) a Dow Jones Industrial Average stock moved below $160.27 extending an intermediate downtrend.

image

Merck (MRK) a Dow Jones Industrial Average stock moved below $142.32 completing a double top pattern.

image

Shopify (SHOP.TO) a TSX 60 stock moved above $221.12 extending an intermediate uptrend.

image


Trader’s Corner

traders corner oct 6

Equity Indices and Related ETFs

spx oct 6

Commodities

crb oct 6

Sectors

xlk oct 6

0

Links offered by valued providers

Yields Stay Strong As Global Unrest Increases, Major Test For Bitcoin And Gold, Top Trades: Verified Investing

Yields Stay Strong As Global Unrest Increases, Major Test For Bitcoin And Gold, Top Trades – YouTube

There’s ‘excessive pessimism’ in the markets, says Fundstrat’s Tom Lee

There’s ‘excessive pessimism’ in the markets, says Fundstrat’s Tom Lee – YouTube

RECORD CHASE: Can Wall Street finish strong? | Live Trading

RECORD CHASE: Can Wall Street finish strong? | Live Trading – YouTube


S&P 500 Momentum Barometers

image

The intermediate term Barometer added 3.20 to 28.20. It remained Oversold. Daily uptrend was set.

image

The short term (20 days) Barometer added 6.80 to 33.40. It remained Oversold. Daily uptrend was extended.

The long term Barometer added 1.60 to 47.00. It remained Neutral. Daily uptrend was set.

TSX Momentum Barometers

image

The intermediate term Barometer added 1.40 to 31.16. Daily uptrend was set.

image

The short term (20 days) Barometer added 0.47 to 34.42. It remained Oversold.

The long term Barometer dropped 0.93 to 52.09. 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.




Leave a Reply

Entries RSS Comments RSS Log in