{"id":196305,"date":"2026-07-01T18:53:27","date_gmt":"2026-07-01T22:53:27","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=196305"},"modified":"2026-07-01T18:53:27","modified_gmt":"2026-07-01T22:53:27","slug":"tech-talk-for-thursday-july-2nd-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/07\/01\/tech-talk-for-thursday-july-2nd-2026\/","title":{"rendered":"Tech Talk for Thursday July 2nd 2026"},"content":{"rendered":"<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font><\/p>\n<p><b>Energy SPDRs<\/b> (XLE) moved below $53.03 completing a double top pattern<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image001.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\/07\/clip_image001_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Walmart<\/b> (WMT) a Dow Jones Industrial Average stock moved below $112.73 extending an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image002.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\/07\/clip_image002_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Union Pacific<\/b> (UNP) an S&amp;P 100 stock moved above $278.25 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image003.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\/07\/clip_image003_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Roper Technologies<\/b> (ROP) a NASDAQ 100 stock moved above $347.08 completing a double bottom pattern.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image004.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\/07\/clip_image004_thumb.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\/07\/clip_image006.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\/07\/clip_image006_thumb.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 July 1<sup>st<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image008.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\/07\/clip_image008_thumb.png\" width=\"244\" height=\"116\" \/><\/a><\/p>\n<p><i>Green:<\/i><i> Increase from previous day <\/i><i><\/i><\/p>\n<p><font color=\"#ff0000\"><i>Red: <\/i><i>Decrease from previous day<\/i><\/font><\/p>\n<p><i>Source for all positive seasonality ratings: <a href=\"http:\/\/www.EquityClock.com\">www.EquityClock.com<\/a><\/i><i> <\/i><\/p>\n<p><i>     <br \/><\/i><\/p>\n<p><i><\/i><\/p>\n<p><font size=\"4\"><strong>Commodities<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Commodities Trends for July 1<sup>st<\/sup> 2026<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image010.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\/07\/clip_image010_thumb.png\" width=\"244\" height=\"141\" \/><\/a><\/b><\/p>\n<p><i><font color=\"#00ff00\">Green: Increase from previous day<\/font> <\/i><\/p>\n<p><i><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/i><\/p>\n<p><em><\/em><\/p>\n<p><i><\/i><\/p>\n<p><font size=\"4\"><strong>Sectors<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for July 1<sup>st<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image012.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\/07\/clip_image012_thumb.png\" width=\"244\" height=\"164\" \/><\/a><\/p>\n<p><i><font color=\"#00ff00\">Green: Increase from previous day<\/font> <\/i><\/p>\n<p><i><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/i><\/p>\n<p><em><\/em><\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>David Rosenberg: &quot;There Are No More Bears Left&quot; In This Market: Dan Nathan<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=KMBKsnDBjMo\">David Rosenberg: &quot;There Are No More Bears Left&quot; In This Market \u2013 YouTube<\/a><\/p>\n<p><b>Dan Ives on the Tech Rally, Growth of AI, Data Centers<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=ec1WAGENfK8\">Dan Ives on the Tech Rally, Growth of AI, Data Centers \u2013 YouTube<\/a><\/p>\n<p><b>Bullish July Is Just a Matter of Timing: 3-Minutes MLIV<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=A5eV6zR4Fz4\">Bullish July Is Just a Matter of Timing: 3-Minutes MLIV \u2013 YouTube<\/a><\/p>\n<p><b>Excess AI Compute Slams Semi&#8217;s, Meta Rips, Fear Spreads Ahead Of &#8216;Blowout&#8217; Jobs Report: Verified Investing<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=OB6ZkG5yINM\">Excess AI Compute Slams Semi&#8217;s, Meta Rips, Fear Spreads Ahead Of &#8216;Blowout&#8217; Jobs Report \u2013 YouTube<\/a><\/p>\n<p><b>Something Unusual Is Happening in This Market: Julius De Kempenaer<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=hq5bBwYm7h8\">Something Unusual Is Happening in This Market \u2013 YouTube<\/a><\/p>\n<p><b>CHART THIS with Dave Keller Wednesday 7\/1\/26<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=XaOS1e7elv4\">https:\/\/www.youtube.com\/watch?v=XaOS1e7elv4<\/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\/07\/clip_image013.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image013\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image013\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image013_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 1.60 to 64.00. It remained Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image014.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\/07\/clip_image014_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer added 1.20 to 64.00. It remained Overbought.<\/p>\n<p>The long term Barometer added 1.80 to 63.80. It remained Overbought.<\/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\/07\/clip_image015.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\/07\/clip_image015_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer slipped 1.82 to 46.82. It remained Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image016.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image016\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image016\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image016_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer was unchanged at 44.55. It remained Neutral.<\/p>\n<p>The long term Barometer was unchanged at 61.82. It remained 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 Energy SPDRs (XLE) moved below $53.03 completing a double top pattern Walmart (WMT) a Dow Jones Industrial Average stock moved below $112.73 extending an intermediate downtrend. Union Pacific (UNP) an S&amp;P 100 stock moved above $278.25 to an all-time high extending an intermediate uptrend. Roper Technologies (ROP) a NASDAQ 100 stock moved above [&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-196305","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196305","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=196305"}],"version-history":[{"count":1,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196305\/revisions"}],"predecessor-version":[{"id":196306,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196305\/revisions\/196306"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=196305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=196305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=196305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}