{"id":193615,"date":"2026-03-19T20:31:34","date_gmt":"2026-03-20T00:31:34","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=193615"},"modified":"2026-03-20T08:45:23","modified_gmt":"2026-03-20T12:45:23","slug":"tech-talk-for-friday-march-20th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/03\/19\/tech-talk-for-friday-march-20th-2026\/","title":{"rendered":"Tech Talk for Friday March 20th 2026"},"content":{"rendered":"

Pre-opening Comments for Friday March 20th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were lower this morning<\/b>. S&P 500 futures were down 17 points at 8:30 AM EST.<\/em><\/p>\n

Today is Quadruple Witching Day for North American equity markets<\/b> (i.e. the last trade day for listed index and equity options and futures). Look for higher than average volumes as March positions are liquidated, exercised and\/or rolled over to future months. <\/em><\/p>\n

FedEx<\/b> (FDX) added $32.29 to $388.40 after reporting higher than consensus third quarter revenues and earnings. <\/em><\/p>\n

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Planet Labs<\/b> (PL) added $3.94 to $30.90 after the company issued a favourable outlook.<\/em><\/p>\n

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Super Micro<\/b> (SMCI) plunged $3.65 to $27.14 after the U.S. Department of Justice charged the company on alleged illegal AI chip exports to China.<\/em><\/p>\n

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EquityClock\u2019s Market Outlook for March 20th<\/sup><\/strong><\/font><\/em><\/p>\n

The market is testing critical levels of support and now may be the time to pick up exposure to stocks that have pulled back in order to participate in the seasonal strength through the weeks ahead. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2026\/03\/19\/stock-market-outlook-for-march-20-2026\/<\/em><\/a><\/p>\n

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

Natural Gas ETN<\/b> (HUN.TO) moved above Cdn$8.95 extending an intermediate uptrend. <\/p>\n

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Base Metals ETN<\/b> (DBB) dropped below $23.07 completing a double top pattern.<\/p>\n

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Gold ETN<\/b> (GLD) dropped below $422.85 completing a double top pattern<\/p>\n

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Silver ETN<\/b> (SLV) moved below $65.14 completing a double top pattern<\/p>\n

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Platinum ETN<\/b> (PPLT) moved below $180.57 completing a Head & Shoulders pattern.<\/p>\n

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Lithium ETN<\/b> (LIT) moved below $67.61 and $68.02 completing a Head & Shoulders pattern.<\/p>\n

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S&P 100 and NASDAQ 100 stock breaking support setting\/extending intermediate downtrends included Walmart<\/b> (WMT) on a move below $121.05, Home Depot<\/b> (HD) on a move below $327.05, Fastenal<\/b> (FAST) on a move below $44.51 and Cognizant <\/b>(CTSH) on a move below $60.03, Cintas <\/b>(CTAS) on a move below $182.72, Adobe<\/b> (ADBE) on a move below $44.28<\/p>\n

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Dollarama <\/b>(DOL.TO) a TSX 60 stock moved below Cdn$162.69 extending an intermediate downtrend.<\/p>\n

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Power Corp<\/b> (POW.TO) a TSX 60 stock moved below Cdn$63.35 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 19th<\/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 19th<\/sup> 2026<\/p>\n

\"clip_image016\"<\/a><\/b><\/p>\n

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 19th<\/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

Fed Uncertainty Sparks Selloff \u2014 This Level Matters Now: Tom Bowley<\/b><\/p>\n

Fed Uncertainty Sparks Selloff \u2014 This Level Matters Now \u2013 YouTube<\/a><\/p>\n

Is The Bond Market Finally Right? Guy Adami, Dan Nathan, Liz Thomas,<\/b><\/p>\n

John Butters (Fact Set)<\/b><\/p>\n

Is The Bond Market Finally Right? \u2013 YouTube<\/a><\/p>\n

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

\"clip_image019\"<\/a><\/p>\n

The intermediate term Barometer dropped 1.20 to 28.60, a 10 month low. It remains Oversold. Daily downtrend was extended.<\/p>\n

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The short term Barometer (20 days) dropped 0.60 to 18.60, a 10 month low. It remains Oversold. Daily downtrend was extended. <\/p>\n

The long term Barometer slipped 0.20 to 48.40. It remains Neutral.<\/p>\n

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

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The intermediate term Barometer dropped 3.22 to 33.18. It remains Oversold. Daily downtrend was extended. <\/p>\n

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The short term (20 days) Barometer dropped 4.61 to 27.65. It remains Oversold<\/p>\n

The long term Barometer dropped 4.61 to 70.51. It remains Overbought. Daily downtrend was extended. <\/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 Friday March 20th U.S. equity index futures were lower this morning. S&P 500 futures were down 17 points at 8:30 AM EST. Today is Quadruple Witching Day for North American equity markets (i.e. the last trade day for listed index and equity options and futures). Look for higher than average volumes as […]<\/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-193615","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193615","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=193615"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193615\/revisions"}],"predecessor-version":[{"id":193623,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193615\/revisions\/193623"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=193615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=193615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=193615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}