{"id":195544,"date":"2026-06-02T21:45:18","date_gmt":"2026-06-03T01:45:18","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=195544"},"modified":"2026-06-02T21:45:18","modified_gmt":"2026-06-03T01:45:18","slug":"tech-talk-for-wednesday-june-3rd-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/06\/02\/tech-talk-for-wednesday-june-3rd-2026\/","title":{"rendered":"Tech Talk for Wednesday June 3rd 2026"},"content":{"rendered":"

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

Canada iShares<\/b> (EWC) moved above US$58.78 to an all-time high extending an intermediate uptrend.<\/p>\n

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Base Metals ETN<\/b> (DBB) one third weight each in copper, zinc and aluminum moved above $26.49 to an all-time high extending an intermediate uptrend.<\/p>\n

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Global Base Metals iShares<\/b> (PICK) moved above $67.90 to an all-time high extending an intermediate uptrend<\/p>\n

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First Quantum Minerals<\/b> (FM.TO) a TSX 60 stock moved above Cdn$45.17 to an all-time high extending an intermediate uptrend. <\/p>\n

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MasterCard <\/b>(MA) an S&P 100 stock moved below $479.68 extending an intermediate downtrend. <\/p>\n

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Visa <\/b>(V) an S&P 100 stock moved below $315.51 completing a double top pattern.<\/p>\n

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Netflix<\/b> (NFLX) an S&P 100 stock moved below $85.10 setting an intermediate downtrend.<\/p>\n

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Magna International<\/b> (MG.TO) a TSX 60 stock moved above Cdn$94.11 to a 4 year 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 June 2nd<\/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 June 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><\/font><\/p>\n

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

Daily Seasonal\/Technical Sector Trends for June 2nd<\/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

Bitcoin COLLAPSES As Market Hits ATH! Semiconductor INSANITY Continues: Verified Investing<\/b><\/p>\n

<\/b>https:\/\/www.youtube.com\/watch?v=_uzsN63MvK8<\/a><\/p>\n

Why Understanding the Big Picture is Important | Trading Places Live! June 2, 2026: Tom Bowley<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=EZng0NfUvQ4<\/a><\/p>\n

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

MRKT Call – Tuesday, June 2nd<\/sup>: Guy Adami, Dan Nathan, Liz Thomas<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=Zrnyxg7pCHU<\/a><\/p>\n

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

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The intermediate term Barometer was unchanged at 53.00. It remains Neutral.<\/p>\n

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The short term Barometer added 6.00 to 52.80. It remains Neutral.<\/p>\n

The long term Barometer added 0.40 to 55.80. It remains Neutral.<\/p>\n

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

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The intermediate term Barometer added 4.09 to 65.45. It remains Overbought. Daily uptrend was extended. <\/p>\n

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The short term (20 days) Barometer advanced 10.91 to 67.27. It changed from Neutral to Overbought on a move above 60.00. Daily uptrend was extended<\/p>\n

The long term Barometer added 0.91 to 74.09. 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":"

Technical Notes Canada iShares (EWC) moved above US$58.78 to an all-time high extending an intermediate uptrend. Base Metals ETN (DBB) one third weight each in copper, zinc and aluminum moved above $26.49 to an all-time high extending an intermediate uptrend. Global Base Metals iShares (PICK) moved above $67.90 to an all-time high extending an intermediate […]<\/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-195544","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/195544","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=195544"}],"version-history":[{"count":1,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/195544\/revisions"}],"predecessor-version":[{"id":195545,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/195544\/revisions\/195545"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=195544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=195544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=195544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}