{"id":195618,"date":"2026-06-04T21:06:42","date_gmt":"2026-06-05T01:06:42","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=195618"},"modified":"2026-06-04T21:06:42","modified_gmt":"2026-06-05T01:06:42","slug":"tech-talk-for-friday-june-5th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/06\/04\/tech-talk-for-friday-june-5th-2026\/","title":{"rendered":"Tech Talk for Friday June 5th 2026"},"content":{"rendered":"<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font><\/p>\n<p><b>Biotech ETF<\/b> (FBT) moved above $224.94 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until July 20<sup>th<\/sup>. See seasonality chart at <a href=\"http:\/\/www.equityclock.com\">www.equityclock.com<\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image001-4.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image001\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image001_thumb-4.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Citigroup<\/b> \u00a9 an S&amp;P 100 stock moved above $134.65 to a 17 year high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image002-4.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image002\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image002_thumb-4.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Abbott Labs<\/b> (ABT) an S&amp;P 100 stock moved $89.34 completing a double bottom pattern. Seasonal influences are favourable on a real and relative basis until the end of July. See seasonality chart at <a href=\"http:\/\/www.equityclock.com\">www.equityclock.com<\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image003-4.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image003\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image003_thumb-4.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>American Tower<\/b> (AMT) an S&amp;P 100 stock moved above $198.52 extending an intermediate uptrend. Seasonal influences are favourable until July 11<sup>th<\/sup>. See seasonality chart at <a href=\"http:\/\/www.EquityClock.com\">www.EquityClock.com<\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image004-4.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image004\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image004\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image004_thumb-4.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>VALE <\/b>(VALE) one of the largest base metals producers in the world moved below $15.78 completing a double top pattern.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image005-2.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image005\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image005\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image005_thumb-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>T-Mobile<\/b> (TMUS) an S&amp;P 100 stock moved below $179.52 extending an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image006-3.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image006\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image006\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image006_thumb-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><font size=\"5\"><strong>Trader\u2019s Corner<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image008-3.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image008\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image008\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image008_thumb-3.png\" width=\"244\" height=\"210\" \/><\/a><\/p>\n<p><font size=\"4\"><strong>Equity Indices and Related ETFs<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Equity Trends for June 4<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image010-3.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image010\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image010\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image010_thumb-3.png\" width=\"244\" height=\"116\" \/><\/a><\/p>\n<p><em><font color=\"#00ff00\">Green: Increase from previous day<\/font><\/em><\/p>\n<p><em><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/em><\/p>\n<p><em>Source for all positive seasonality ratings: <\/em><a href=\"http:\/\/www.EquityClock.com\"><em>www.EquityClock.com<\/em><\/a><\/p>\n<p><font size=\"4\"><strong>Commodities<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Commodities Trends for June 4<sup>th<\/sup> 2026<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image012-3.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image012\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image012\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image012_thumb-3.png\" width=\"244\" height=\"142\" \/><\/a><\/b><\/p>\n<p><em><font color=\"#00ff00\">Green: Increase from previous day<\/font> <b><\/b><\/em><\/p>\n<p><em><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/em><\/p>\n<p><font size=\"4\"><strong>Sectors<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for June 4<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image014-3.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image014\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image014\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image014_thumb-3.png\" width=\"244\" height=\"164\" \/><\/a><\/p>\n<p><font color=\"#00ff00\">Green: Increase from previous day<\/font><\/p>\n<p><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>The Market Still Looks Bullish \u2014 But Something Changed: Tom Bowley<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=nUFXhfsDJxM\">The Market Still Looks Bullish \u2014 But Something Changed \u2013 YouTube<\/a><\/p>\n<p><b>The Oil Supply Shock Investors May Be Missing: Ninepoint Partners<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=cGRG6QSO1oY\">The Oil Supply Shock Investors May Be Missing \u2013 YouTube<\/a><\/p>\n<p><b>AI BUBBLE BURSTING? Broadcom &amp; CrowdStrike Shock The Market! Verified Investing<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=fAnErg4nyp8\">https:\/\/www.youtube.com\/watch?v=fAnErg4nyp8<\/a><\/p>\n<p><b>Tech Breakdown Ahead? Managing Risk as Broadcom &amp; CrowdStrike Slump Post-Earnings | CHART THIS: Dave Keller<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=jqH318MOVcs\">https:\/\/www.youtube.com\/watch?v=jqH318MOVcs<\/a><\/p>\n<p><b>MRKT Call &#8211; Thursday, June 4<sup>th<\/sup>: Guy Adami and Dan Nathan<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=U56KysQbB60\">https:\/\/www.youtube.com\/watch?v=U56KysQbB60<\/a><\/p>\n<p><b>Something Just Changed In The Stock Market: Patrick Ceresna<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=hwnGBkkdUbc\">https:\/\/www.youtube.com\/watch?v=hwnGBkkdUbc<\/a><\/p>\n<p><b><\/b><\/p>\n<p><b>Tech Sector Is Breaking: The Technical Traders<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=bSkE6PD8QNw\">https:\/\/www.youtube.com\/watch?v=bSkE6PD8QNw<\/a><\/p>\n<p><b><\/b><\/p>\n<p><b>&quot;Start Investing In These Sectors&#8230;&quot; &#8211; Martin Armstrong<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=rQxvhrx1jYw\">https:\/\/www.youtube.com\/watch?v=rQxvhrx1jYw<\/a><\/p>\n<p><font size=\"5\"><strong>S&amp;P 500 Momentum Barometers<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image015-2.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image015\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image015\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image015_thumb-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate Barometer added 6.00 to 56.00. It remains Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image016-3.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image016\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image016\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image016_thumb-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer jumped 10.40 to 61.00. It changed from Neutral to Overbought on a move above 60.00.<\/p>\n<p>The long term Barometer added 2.60 to 58.60. It remains Neutral.<\/p>\n<p><font size=\"5\"><strong>TSX Momentum Barometers<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image017-2.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image017\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image017\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image017_thumb-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 3.18 to 64.55. It remains Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image018-2.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image018\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image018\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image018_thumb-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer added 4.55 to 62.73. It changed from Neutral to Overbought on a move above 60.00.<\/p>\n<p>The long term Barometer added 0.45 to 69.09. It remains Overbought. <\/p>\n<p><em><b>Disclaimer:<\/b> Seasonality ratings and technical ratings offered in this report and at <\/em><\/p>\n<p><a href=\"http:\/\/www.equityclock.com\"><em>www.equityclock.com<\/em><\/a><em> 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":"<p>Technical Notes Biotech ETF (FBT) moved above $224.94 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until July 20th. See seasonality chart at www.equityclock.com Citigroup \u00a9 an S&amp;P 100 stock moved above $134.65 to a 17 year high extending an intermediate uptrend. Abbott Labs (ABT) [&hellip;]<\/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-195618","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/195618","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=195618"}],"version-history":[{"count":1,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/195618\/revisions"}],"predecessor-version":[{"id":195619,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/195618\/revisions\/195619"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=195618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=195618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=195618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}