{"id":186783,"date":"2025-06-17T19:24:27","date_gmt":"2025-06-17T23:24:27","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=186783"},"modified":"2025-06-18T08:51:19","modified_gmt":"2025-06-18T12:51:19","slug":"tech-talk-for-wednesday-june-18th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/06\/17\/tech-talk-for-wednesday-june-18th-2025\/","title":{"rendered":"Tech Talk for Wednesday June 18th 2025"},"content":{"rendered":"

Pre-opening Comments for Wednesday June 18th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning<\/b>. S&P 500 futures were up 8 points at 8:35 AM EDT.<\/em><\/p>\n

S&P 500 futures <\/em><\/a>were unchanged following release of U.S. May Housing Starts<\/b> at 8:30 AM EDT. Consensus calls for a drop to 1.350 million units from 1.361 million units in April. Actual was a drop to 1.256 million units<\/em><\/p>\n

The Federal Reserve\u2019s decision on the Fed Fund Rate<\/b> is released at 2:00 PM EDT. Consensus calls for no change at 4.50%.<\/em><\/p>\n

U.S. equity exchanges are closed tomorrow for the Juneteenth holiday<\/b>.<\/em><\/p>\n

Oracle<\/b> added $1.82 to $210.00 after Guggenheim upgraded the stock.<\/em><\/p>\n

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EquityClock\u2019s Market Outlook for June 18th<\/sup><\/strong><\/font><\/em><\/p>\n

Pre-tariff front-running has come to an end and the consumer is showing evidence of pulling back. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/06\/17\/stock-market-outlook-for-june-18-2025\/<\/em><\/a><\/p>\n

CHART THIS with David Keller, CMT Tuesday 6\/17\/25<\/font><\/em><\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=O3wbFYJeey0<\/em><\/a><\/p>\n

Technical Notes<\/strong><\/font><\/p>\n

Oil & Gas Exploration SPDRs<\/b> (XOP) moved above $135.46 extending an intermediate uptrend.<\/p>\n

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Copart <\/b>$CPRT a NASDAQ 100 stock moved below $48.05 extending an intermediate downtrend.<\/p>\n

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Thermo Fisher Scientific<\/b> (TMO) an S&P 100 stock moved below $390.09 extending an intermediate downtrend.<\/p>\n

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Constellation Software<\/b> (CSU.TO) a TSX 60 stock moved below $4,791.58 completing a double top pattern.<\/p>\n

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Trader\u2019s Corner<\/strong><\/font><\/p>\n

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Equity Indices and Related ETFs<\/strong><\/font><\/p>\n

Daily Seasonal\/Technical Equity Trends for June 17th<\/sup> 2025<\/p>\n

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Green: Increase from previous day<\/font><\/em><\/p>\n

Red: Decrease from previous day<\/font><\/em><\/p>\n

Source for all positive seasonality ratings: <\/em>www.EquityClock.com<\/em><\/a><\/p>\n

Commodities<\/strong><\/font><\/p>\n

Daily Seasonal\/Technical Commodities Trends for June 17th<\/sup> 2025<\/p>\n

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Green: Increase from previous day<\/font> <\/b><\/em><\/p>\n

Red: Decrease from previous day<\/em><\/p>\n

Sectors<\/strong><\/font><\/p>\n

Daily Seasonal\/Technical Sector Trends for June 17th<\/sup> 2025<\/p>\n

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Green: Increase from previous day<\/em><\/p>\n

Red: Decrease from previous day<\/font><\/em><\/p>\n

Links offered by valued providers<\/strong><\/font><\/p>\n

Silver Pops & VIX Backwardation: What to Watch as SPX Slumps: Schwab Network<\/b><\/p>\n

Silver Pops & VIX Backwardation: What to Watch as SPX Slumps \u2013 YouTube<\/a><\/p>\n

Israel-Iran Conflict: What Investors Need To Know | Stock Market Live Stream: Guy Adami and Dan Nathan<\/b><\/p>\n

Israel-Iran Conflict: What Investors Need To Know | Stock Market Live Stream \u2013 YouTube<\/a><\/p>\n

S&P 500 Momentum Barometers<\/strong><\/font><\/p>\n

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The intermediate term Barometer dropped 6.40 to 68.20. It remains Overbought. Daily downtrend likely has started.<\/p>\n

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The long term Barometer dropped 4.00 to 49.00. It remains Neutral.<\/p>\n

The short term (20 days) Barometer plunged 14.20 to 39.40.<\/p>\n

TSX Momentum Barometers<\/strong><\/font><\/p>\n

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The intermediate term Barometer dropped 1.38 to 88.48. It remains Overbought. Early signs of a rollover have appeared. <\/p>\n

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The long term Barometer was unchanged at 76.50. It remains Overbought.<\/p>\n

The short term (20 days) Barometer plunged 6.07 to 69.12\/<\/p>\n

Disclaimer: <\/b>Seasonality ratings and technical ratings offered in this report and at <\/em><\/p>\n

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.<\/em><\/p>\n

<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Pre-opening Comments for Wednesday June 18th U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points at 8:35 AM EDT. S&P 500 futures were unchanged following release of U.S. May Housing Starts at 8:30 AM EDT. Consensus calls for a drop to 1.350 million units from 1.361 million units in […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-186783","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/186783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/comments?post=186783"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/186783\/revisions"}],"predecessor-version":[{"id":186787,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/186783\/revisions\/186787"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=186783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=186783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=186783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}