{"id":193570,"date":"2026-03-18T19:44:52","date_gmt":"2026-03-18T23:44:52","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=193570"},"modified":"2026-03-19T08:51:33","modified_gmt":"2026-03-19T12:51:33","slug":"tech-talk-for-thursday-march-19th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/03\/18\/tech-talk-for-thursday-march-19th-2026\/","title":{"rendered":"Tech Talk for Thursday March 19th 2026"},"content":{"rendered":"

Pre-opening Comments for Thursday March 19th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were lower this morning<\/b>. S&P 500 futures were down 39 points at 8:35 AM EST. The Index dropped below its 200 day moving average at 6,615.70.<\/em><\/p>\n

S&P 500 futures were unchanged following release of the March Philly Fed Manufacturing Index<\/b> at 8:30 AM EST. Consensus was a drop to 8.4 from 16.3 in February. Actual was an increase to 18.1. <\/em><\/p>\n

Brent Crude Oil<\/b> advanced $6.73 to $114.11 per barrel on reports that Iran has attacked oil and natural gas production facilities in the Persian Gulf.<\/em><\/p>\n

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Micron<\/b> dropped $15.00 to $446.73 despite reporting higher than consensus fiscal second quarter revenues and earnings. <\/em><\/p>\n

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Five Below<\/b> (FIVE) added $14.03 to $226.50 after reporting higher than consensus fourth quarter results.<\/em><\/p>\n

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EquityClock\u2019s Market Outlook for March 19th<\/sup><\/strong><\/font><\/em><\/p>\n

Inflation hedges continue to add alpha to portfolios, but we continue to seek an opportunity to rotate to higher yielding assets when the timing is appropriate<\/b>. See:<\/em><\/p>\n

https:\/\/equityclock.com\/2026\/03\/18\/stock-market-outlook-for-march-19-2026\/<\/em><\/a><\/p>\n

Responses to the FOMC report released at 2:00 PM EST<\/strong><\/font><\/p>\n

At 2:00 PM EST the FOMC maintained its lending rate for major U.S. banks at 3.50%-3.75%.<\/p>\n

S&P 500 moved lower<\/b><\/p>\n

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U.S. Dollar ETN (UUP) spiked higher<\/b><\/p>\n

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The VIX Index spiked higher<\/b><\/p>\n

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Yield on 10 year Treasuries ($TNX) spiked higher.<\/b><\/p>\n

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Major U.S. Bank SPDRs (KBE) moved lower<\/b><\/p>\n

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The Canadian Dollar ($XDC) moved sharply lower.<\/b><\/p>\n

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

Three Dow Jones Industrial Average stocks trading below support setting an intermediate downtrend: Home Depot<\/b> (HD) on a move below $335.47, MMM<\/b> on a move below $147.16 and Visa (<\/b>V) on a move below $303.08. Also MasterCard<\/b> (MA) an S&P 100 stock broke support on a move below $490.00.<\/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 18th<\/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

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 18th<\/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 18th<\/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

Commodities Update 2026: Oil, Uranium, Gold, Natural Gas & More: ValueTrendCanada <\/b><\/p>\n

Commodities Update 2026: Oil, Uranium, Gold, Natural Gas & More \u2013 YouTube<\/a><\/p>\n

Emerging Markets: Stirred, But Not Yet Shaken: Goldman Sachs<\/b><\/p>\n

Emerging Markets: Stirred, But Not Yet Shaken \u2013 YouTube<\/a><\/p>\n

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

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The intermediate term Barometer dropped 5.80 to 29.80. It remains Oversold. Daily downtrend was extended.<\/p>\n

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The short term Barometer dropped 7.80 to 19.20. It remains Oversold. Daily downtrend was extended.<\/p>\n

The long term Barometer dropped 2.80 to 48.80. It remains Neutral.<\/p>\n

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

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

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The intermediate term Barometer dropped 8.30 to 36.41. It changed from Neutral to Negative on a move below 40.00. Daily downtrend resumed. <\/p>\n

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The short term (20 days) Barometer plunged 7.83 to 32.26. It remains Oversold.<\/p>\n

The long term Barometer dropped 1.38 to 75.12. 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 Thursday March 19th U.S. equity index futures were lower this morning. S&P 500 futures were down 39 points at 8:35 AM EST. The Index dropped below its 200 day moving average at 6,615.70. S&P 500 futures were unchanged following release of the March Philly Fed Manufacturing Index at 8:30 AM EST. Consensus […]<\/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-193570","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193570","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=193570"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193570\/revisions"}],"predecessor-version":[{"id":193578,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193570\/revisions\/193578"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=193570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=193570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=193570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}