{"id":193126,"date":"2026-03-02T21:19:23","date_gmt":"2026-03-03T02:19:23","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=193126"},"modified":"2026-03-03T09:03:31","modified_gmt":"2026-03-03T14:03:31","slug":"tech-talk-for-tuesday-march-3rd-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/03\/02\/tech-talk-for-tuesday-march-3rd-2026\/","title":{"rendered":"Tech Talk for Tuesday March 3rd 2026"},"content":{"rendered":"

Pre-opening Comments for Tuesday March 3rd<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were lower this morning<\/b>. S&P 500 futures were down 106.00 points at 8:30 AM EST.<\/em><\/p>\n

Markets are responding to extension of conflict in the Middle East<\/b>. Crude oil added another $5.13 to $76.42 per barrel. Gold dropped $113.60 to $5,207.20 per ounce on strength in the U.S. Dollar.<\/em><\/p>\n

\"clip_image001[1]\"<\/em><\/a><\/p>\n

\"clip_image002[1]\"<\/em><\/a><\/p>\n

Mongo DB<\/b> (MDB) dropped $78.14 to $246.87 after issuing first quarter guidance below consensus<\/em> <\/p>\n

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Quantum Computing<\/b> (QUBT) dropped $0.19 to $8.40 after reporting less than consensus fourth quarter revenues. <\/em><\/p>\n

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EquityClock\u2019s Market Outlook for March 3rd<\/sup><\/strong><\/font><\/em><\/p>\n

Oil Surges on Iran Strikes as the S&P Battles 6,900: We\u2019ll tell you what to lookout for to determine any derailments versus the seasonal norm to be concerned of for the months ahead. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2026\/03\/02\/stock-market-outlook-for-march-3-2026\/<\/em><\/a><\/p>\n

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

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

Commodity ETN<\/b> (DBC), led by energy prices, spiked higher to a four year high.<\/p>\n

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U.S. Crude Oil ETN<\/b> (USO) moved above $84.58 extending an intermediate uptrend.<\/p>\n

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S&P Oil and Gas Exploration SPDRs<\/b> (XOP) moved above $155.49 to a ten year high extending an intermediate uptrend. <\/p>\n

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Israel iShares<\/b> (EIS) moved above $124.53 to an all-time high extending an intermediate uptrend.<\/p>\n

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General Motors<\/b> (GM) an S&P 100 stock moved below $79.08 and $77.35 completing a Head & Shoulders pattern.<\/p>\n

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Advanced Micro Devices<\/b> (AMD) an S&P 100 stock moved below$190.72 setting an intermediate downtrend. <\/p>\n

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Rogers Communications<\/b> (RCI\/B.TO) a TSX 60 stock moved above Cdn$55.61 extending an intermediate uptrend. <\/p>\n

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Canadian Pacific<\/b> (CP.TO) a TSX 60 stock moved above Cdn$121.51 to an all-time high extending an intermediate uptrend.<\/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 March 2nd<\/sup> 2026<\/p>\n

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Green: Increase from previous day<\/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 March 2nd<\/sup> 2026<\/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 March 2nd<\/sup> 2025<\/p>\n

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

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

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

Volatility Heightens: Oil Spikes, Stock Futures Fall After U.S. & Israel Bomb Iran<\/b><\/p>\n

Schwab Network<\/b><\/p>\n

Volatility Heightens: Oil Spikes, Stock Futures Fall After U.S. & Israel Bomb Iran \u2013 YouTube<\/a><\/p>\n

Expect March to be an up month for the stock market, says Fundstrat’s Tom Lee<\/b><\/p>\n

Expect March to be an up month for the stock market, says Fundstrat’s Tom Lee \u2013 YouTube<\/a><\/p>\n

\u2018This has very quickly become the worst-case scenario for investors\u2019: Nuttall on U.S. war in Iran<\/b><\/p>\n

\u2018This has very quickly become the worst-case scenario for investors\u2019: Nuttall on U.S. war in Iran \u2013 YouTube<\/a><\/p>\n

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

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The intermediate term Barometer slipped 0.80 to 62.00. It remains Overbought.<\/p>\n

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The long term Barometer slipped 0.40 to 67.00. It remains Overbought.<\/p>\n

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

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The intermediate term Barometer added 1.38 to 76.96. It remains Overbought.<\/p>\n

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The long term Barometer dropped 1.38 to 78.80. It remains Overbought.<\/p>\n

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

www.equityclock.com<\/em><\/a> 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":"

Pre-opening Comments for Tuesday March 3rd U.S. equity index futures were lower this morning. S&P 500 futures were down 106.00 points at 8:30 AM EST. Markets are responding to extension of conflict in the Middle East. Crude oil added another $5.13 to $76.42 per barrel. Gold dropped $113.60 to $5,207.20 per ounce on strength in […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-193126","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193126","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=193126"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193126\/revisions"}],"predecessor-version":[{"id":193136,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193126\/revisions\/193136"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=193126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=193126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=193126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}