{"id":193525,"date":"2026-03-17T20:22:09","date_gmt":"2026-03-18T00:22:09","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=193525"},"modified":"2026-03-18T08:55:01","modified_gmt":"2026-03-18T12:55:01","slug":"tech-talk-for-wednesday-march-18th-2026-2","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/03\/17\/tech-talk-for-wednesday-march-18th-2026-2\/","title":{"rendered":"Tech Talk for Wednesday March 18th 2026"},"content":{"rendered":"

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

U.S. equity index futures were lower this morning<\/b>. S&P 500 futures were down 13 points at 8:35 AM EST.<\/em><\/p>\n

S&P 500 futures dropped 15 points following release of the February U.S. Producer Price Index. Consensus was a 0.3% increase versus a 0.5% increase in January. Actual was a 0.7% increase. Excluding food and energy, February PPI increased 0.5%.<\/em><\/p>\n

The Bank of Canada\u2019s decision on interest rates<\/b> is released this morning. Consensus calls for no change in the rate currently offered to major Canadian banks at 2.25%.<\/em><\/p>\n

FOMC Decision on interest rates<\/b> is released at 2:00 PM EST. Federal Reserve chairman Powell holds a press conference at 2:30 PM EST. Consensus calls for no change in the Fed Fund Rate currently at 3.50%-3.75%.<\/em><\/p>\n

Nvidia<\/b> added $1.64 to $183.50 after receiving licence approval from the Chinese government to sell its H200 chips to China.<\/em><\/p>\n

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Docusign<\/b> (DOCU) added $0.89 to $48.43 after reporting higher than consensus fourth quarter revenues. The company also announced an increase in its share buyback program.<\/em><\/p>\n

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Lulu lemon<\/b> dropped $0.64 to $159.27 despite reporting higher than consensus fourth quarter revenues and earnings. The company also issued first quarter guidance below consensus.<\/em><\/p>\n

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

The latest read of Industrial Production in the US attests that the Manufacturing Renaissance into the spring is real, enticing exposure in portfolios to the groups that are exposed. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2026\/03\/17\/stock-market-outlook-for-march-18-2026\/<\/em><\/a><\/p>\n

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

Micron<\/b> (MU) a NASDAQ 100 stock moved above $455.50 to an all-time high extending an intermediate uptrend. <\/p>\n

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O\u2019Reilly Automotive<\/b> (ORLY) a NASDAQ 100 stock moved below $89.12 extending an intermediate downtrend. <\/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 17th<\/sup> 2026<\/p>\n

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

Red: Decrease from previous day<\/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 17th<\/sup> 2026<\/p>\n

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

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

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

Daily Seasonal\/Technical Sector Trends for March 17th<\/sup> 2026<\/p>\n

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

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

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

These Charts Could Decide the Next Market Move: David Keller<\/b><\/p>\n

These Charts Could Decide the Next Market Move (stockcharts.com)<\/a><\/p>\n

Trading Places Live! March 17, 2026: Tom Bowley<\/b><\/p>\n

Trading Places Live! march 17, 2026 \u2013 YouTube<\/a><\/p>\n

THE 2008 TRAP: Why the S&P 500 Bounce is a Massive "Sell The News" Event <\/b><\/b><\/b><\/p>\n

Verified Investing<\/b><\/p>\n

THE 2008 TRAP: Why the S&P 500 Bounce is a Massive "Sell The News" Event \u2013 YouTube<\/a><\/p>\n

<\/b><\/p>\n

NEC Director Kevin Hassett: Tankers are starting to go through the Strait of Hormuz<\/b><\/p>\n

NEC Director Kevin Hassett: Tankers are starting to go through the Strait of Hormuz \u2013 YouTube<\/a><\/p>\n

A Massive Winter Storm Threat Is Coming<\/b><\/p>\n

https:\/\/www.youtube.com\/shorts\/26jbvdCTSec<\/a><\/p>\n

Editor\u2019s Note:<\/b> Good for natural gas prices as they enter their period of seasonal strength!<\/p>\n

See: <\/p>\n

https:\/\/charts.equityclock.com\/natural-gas-futures-ng-seasonal-chart<\/a><\/p>\n

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

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The intermediate term Barometer added 2.20 to 35.60. It remains Oversold. An encouraging bounce at a time when seasonal influences normally bottom!<\/p>\n

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The short term (20 days) Barometer added 1.20 to 27.00. It remains Oversold. <\/p>\n

An encouraging bounce at a time when seasonal influences normally bottom!<\/p>\n

The long term Barometer was unchanged at 51.40. It remains Neutral.<\/p>\n

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

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The intermediate term Barometer slipped 0.92 to 44.70. It remains Neutral.<\/p>\n

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The short term (20 days) Barometer advanced 4.15 to 40.09. It changed from Oversold to Neutral on a move above 40.00. An encouraging bounce when seasonal influences normally bottom!<\/p>\n

The long term Barometer increased 2.30 to 76.50. 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 Wednesday March 18th U.S. equity index futures were lower this morning. S&P 500 futures were down 13 points at 8:35 AM EST. S&P 500 futures dropped 15 points following release of the February U.S. Producer Price Index. Consensus was a 0.3% increase versus a 0.5% increase in January. Actual was a 0.7% […]<\/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-193525","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193525","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=193525"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193525\/revisions"}],"predecessor-version":[{"id":193533,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193525\/revisions\/193533"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=193525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=193525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=193525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}