{"id":190697,"date":"2025-11-20T21:17:49","date_gmt":"2025-11-21T02:17:49","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=190697"},"modified":"2025-11-21T10:17:03","modified_gmt":"2025-11-21T15:17:03","slug":"tech-talk-for-friday-november-21st-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/11\/20\/tech-talk-for-friday-november-21st-2025\/","title":{"rendered":"Tech Talk for Friday November 21st 2025"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Friday November 21<sup>st<\/sup><\/strong><\/font><\/em><\/p>\n<p><em><b>U.S. equity index futures were higher this morning<\/b>. S&amp;P 500 futures were up 28 points at 8:35 AM EST.<\/em><\/p>\n<p><em>The Canadian Dollar was unchanged at US 70.98 cents following release of <b>September Canadian Retail Sales<\/b> at 8:30 AM EST. Consensus was a 0.7% increase versus a 1.0% increase in August. Actual was a 0.7% increase.<\/em><\/p>\n<p><em><b>Intuit <\/b>advanced $24.69 to $662.13 after reporting higher than consensus fiscal first quarter results.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image0014-8.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001[4]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image001[4]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image0014_thumb-8.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>Gap<\/b> added 41.10 to $24.16 after reporting higher than consensus third quarter revenues and earnings. The company also raised guidance.<\/em> <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image0024-8.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002[4]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image002[4]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image0024_thumb-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><em><b>Ross Stores<\/b> gained $4.00 to $164.50 after reporting higher than consensus third quarter results. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image0034-7.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003[4]\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image003[4]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image0034_thumb-7.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Outlook for November 21<sup>st<\/sup><\/strong><\/font><\/em><\/p>\n<p><b><em>Seasonality about to turn supportive for stocks: Thanksgiving week historically delivers gains averaging 0.67% for the S&amp;P 500 Index. See:<\/em><\/b><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2025\/11\/20\/stock-market-outlook-for-november-21-2025\/\"><em>https:\/\/equityclock.com\/2025\/11\/20\/stock-market-outlook-for-november-21-2025\/<\/em><\/a><\/p>\n<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font><\/p>\n<p><b>S&amp;P 500 Index<\/b> moved below 6,550.78 and 6,631.44 completing a short term Head &amp; Shoulders pattern.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image001-13.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image001\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image001_thumb-13.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Dow Jones Transportation Average <a name=\"_GoBack\"><\/a>and its related iShares<\/b> (IYT) moved below $69.32 completing a double top pattern.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image002-13.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image002\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image002_thumb-13.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>U.S. Steel ETF<\/b> (SLX) moved below $76.24 completing a double top pattern.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image003-11.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image003\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image003_thumb-11.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Global Base Metals iShares<\/b> (XBM.TO) moved below Cdn$24.73 and <b>Global X Copper Miners ETF<\/b> (COPX) moved below $57.41 completing double top patterns. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image004-13.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image004\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image004\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image004_thumb-12.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>S&amp;P 100 and NASDAQ 100 stocks breaking below support setting an intermediate downtrend included <b>Ford (<\/b>F) on move below $12.60, <b>Atlassian<\/b> (TEAM) on a move below $144.32, <b>Target<\/b> on a move below $84.30, <b>Honeywell<\/b> on a move below $187.88<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image005-11.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image005\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image005\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image005_thumb-11.png\" width=\"244\" height=\"152\" \/><\/a><\/b><b><\/b><\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image006-11.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image006\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image006\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image006_thumb-11.png\" width=\"244\" height=\"152\" \/><\/a><\/b><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b>Platinum ETN<\/b> (PPLT) moved below $138.07 and $137.73 completing a double top pattern.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image007-9.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image007\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image007\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image007_thumb-9.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Cenovus<\/b> (CVE.TO) a TSX 60 stock moved above Cdn$25.97 extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image008-9.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image008\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image008\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image008_thumb-9.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><font size=\"5\"><strong>Trader\u2019s Corner<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image010-7.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image010\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image010\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image010_thumb-7.png\" width=\"244\" height=\"210\" \/><\/a><\/p>\n<p><font size=\"4\"><strong>Equity Indices and Related ETFs<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Equity Trends for November 20<sup>th<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image012-8.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image012\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image012\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image012_thumb-8.png\" width=\"244\" height=\"116\" \/><\/a><\/p>\n<p><em><font color=\"#00ff00\">Green: Increase from previous day<\/font><\/em><\/p>\n<p><em><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/em><\/p>\n<p><em>Source for all positive seasonality ratings: <\/em><a href=\"http:\/\/www.EquityClock.com\"><em>www.EquityClock.com<\/em><\/a><\/p>\n<p><font size=\"4\"><strong>Commodities<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Commodities Trends for November 20<sup>th<\/sup> 2025<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image014-8.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image014\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image014\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image014_thumb-8.png\" width=\"244\" height=\"142\" \/><\/a><\/b><\/p>\n<p><em>Green: Increase from previous day <\/em><\/p>\n<p><em><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/em><\/p>\n<p><font size=\"4\"><strong>Sectors<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for November 20<sup>th<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image016-9.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image016\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image016\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image016_thumb-9.png\" width=\"244\" height=\"165\" \/><\/a><\/p>\n<p><em><font color=\"#00ff00\">Green: Increase from previous day<\/font><\/em><\/p>\n<p><em><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/em><\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>Stocks Whipsaw After Nvidia Earnings: Guy Adami, Dan Nathan and Liz Thomas<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=8nD4iXFgDn8\">https:\/\/www.youtube.com\/watch?v=8nD4iXFgDn8<\/a><\/p>\n<p><b><\/b><\/p>\n<p><b>Big Move in Nvidia: Can This Save the Market Rally? | CHART THIS 11\/19\/25<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=ViviHlJAQrA\">https:\/\/www.youtube.com\/watch?v=ViviHlJAQrA<\/a><\/p>\n<p><b>Did NVDA Earnings Cancel The Correction? Here&#8217;s The Institu<b>tional Technical Analysis Verdict<\/b><\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=j_oncYKp5K4\">https:\/\/www.youtube.com\/watch?v=j_oncYKp5K4<\/a><\/p>\n<p><b>Bridgewater founder Ray Dalio: We are definitely in a bubble, but that doesn&#8217;t mean you should sell<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=hwkHkUpWZP4\">https:\/\/www.youtube.com\/watch?v=hwkHkUpWZP4<\/a><\/p>\n<p><b>A Rough Week for Stocks \u2014 But This Sector Just Hit a New High! Tom Bowley<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=DAtthDS35qE\">A Rough Week for Stocks \u2014 But This Sector Just Hit a New High! \u2013 YouTube<\/a><\/p>\n<p><b>FOMC&#8217;s &quot;Tricky&quot; December Decision &amp; Navigating &quot;Whipsaw&quot; Markets: Liz Ann Sonders<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=nxJcPJ5QYqY\">FOMC&#8217;s &quot;Tricky&quot; December Decision &amp; Navigating &quot;Whipsaw&quot; Markets \u2013 YouTube<\/a><\/p>\n<p><font size=\"5\"><strong>S&amp;P 500 Momentum Barometers<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image017-11.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image017\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image017\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image017_thumb-11.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped another 4.60 to 31.80. It remains Oversold. Daily downtrend was extended.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image018-12.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image018\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image018\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image018_thumb-12.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer dropped 3.00 to 50.40. It remains Neutral. Daily downtrend was established.<\/p>\n<p>Short term (20 day) Barometer dropped 2.80 to 28.00. It remains Oversold. Daily downtrend was extended.<\/p>\n<p><font size=\"5\"><strong>TSX Momentum Barometers<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image019-10.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image019\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image019\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image019_thumb-10.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer plunged 8.73 to 49.76. It remains Neutral. Daily downtrend was extended.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image020-8.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image020\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image020\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image020_thumb-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer slipped 1.06 to 74.88. It remains Overbought. <\/p>\n<p>Short term (20 day) Barometer plunged 13.00 to 43.60<\/p>\n<p><em><b>Disclaimer:<\/b> Seasonality ratings and technical ratings offered in this report and at <\/em><\/p>\n<p><a href=\"http:\/\/www.equityclock.com\"><em>www.equityclock.com<\/em><\/a><em> 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","protected":false},"excerpt":{"rendered":"<p>Pre-opening Comments for Friday November 21st U.S. equity index futures were higher this morning. S&amp;P 500 futures were up 28 points at 8:35 AM EST. The Canadian Dollar was unchanged at US 70.98 cents following release of September Canadian Retail Sales at 8:30 AM EST. Consensus was a 0.7% increase versus a 1.0% increase in [&hellip;]<\/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-190697","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/190697","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=190697"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/190697\/revisions"}],"predecessor-version":[{"id":190705,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/190697\/revisions\/190705"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=190697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=190697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=190697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}