{"id":196778,"date":"2026-07-21T21:52:19","date_gmt":"2026-07-22T01:52:19","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=196778"},"modified":"2026-07-21T21:52:19","modified_gmt":"2026-07-22T01:52:19","slug":"tech-talk-for-wednesday-july-22nd-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/07\/21\/tech-talk-for-wednesday-july-22nd-2026\/","title":{"rendered":"Tech Talk for Wednesday July 22nd 2026"},"content":{"rendered":"<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font><\/p>\n<p><b>MMM<\/b> (MMM) an S&amp;P 100 stock moved above $169.76 and $175.71 to an all-time high extending an intermediate uptrend. Responded to higher than consensus quarterly results.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image001-13.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-13.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Lowes<\/b> (LOW) an S&amp;P 100 stock moved below $203.40 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image002-13.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-13.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Lockheed Martin<\/b> (LMT) an S&amp;P 100 stock moved below $490.05 extending an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image003-11.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-11.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Constellation Software<\/b> (CSU.TO) a TSX 60 stock moved below Cdn$2,653.34 setting an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image004-11.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-11.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Magna International<\/b> (MG.TO) a TSX 60 stock moved above Cdn$96.00 to a five year high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image005-8.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\/07\/clip_image005_thumb-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>ARC Resources<\/b> (ARX.TO) a \u201cgassy\u201d stock moved above Cdn$32.35 to an all-time high extending an intermediate uptrend<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image006-10.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-10.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_image008-10.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-10.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 21<sup>st<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image010-9.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-9.png\" width=\"244\" height=\"116\" \/><\/a><\/p>\n<p><i><font color=\"#00ff00\">Green: Increase from previous day<\/font> <\/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><em><\/em><\/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 21<sup>st<\/sup> 2026<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image012-10.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-10.png\" width=\"244\" height=\"142\" \/><\/a><\/b><\/p>\n<p><i><font color=\"#00ff00\">Green: Increase from previous day<\/font> <\/i><\/p>\n<p><i>Red: Decrease from previous day<\/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 21<sup>st<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image014-11.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-11.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><i>     <br \/><\/i><\/p>\n<p><i><\/i><\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>Nvidia, Broadcom &amp; Alphabet: Buy the Dip or Wait? David Keller<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=y_Tq3ziKw-A\">Nvidia, Broadcom &amp; Alphabet: Buy the Dip or Wait? \u2013 YouTube<\/a><\/p>\n<p><b>Trading Places Live! July 21, 2026: Tom Bowley<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=bcmvpWKALYI\">Trading Places Live! July 21, 2026 \u2013 YouTube<\/a><\/p>\n<p><b>US Midyear Outlook: Geopolitical Shocks, the New Fed Era, and Growth: Goldman Sachs<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=BcEBLXYTlpc\">US Midyear Outlook: Geopolitical Shocks, the New Fed Era, and Growth \u2013 YouTube<\/a><\/p>\n<p><b>Institutional Narrative Flips, Semis Jump As Software Sells&#8230;Here Are The Trades: Verified Investing<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=BOefs9onI28\">Institutional Narrative Flips, Semis Jump As Software Sells&#8230;Here Are The Trades \u2013 YouTube<\/a><\/p>\n<p><b>Watch Mag 7 Earnings &amp; Dichotomy Between CapEx, ROI Amid Volatile Energy Trade: Liz Ann Sonders, Schwab Network<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=JkZEZysjePE\">Watch Mag 7 Earnings &amp; Dichotomy Between CapEx, ROI Amid Volatile Energy Trade \u2013 YouTube<\/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_image015-7.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-7.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped 2.60 to 59.60. It changed from Overbought to Neutral on a drop below 60.00. Daily trend turned down.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image016-8.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\/07\/clip_image016_thumb-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer dropped 3.00 to 51.00. It remained Neutral. Daily trend turned down.<\/p>\n<p>The long term Barometer dropped 1.00 to 65.40. It remained Overbought. Daily trend turned down. <\/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_image017-8.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\/07\/clip_image017_thumb-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 0.91 to 56.82. It remained Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image018-6.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\/07\/clip_image018_thumb-6.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer added 4.09 to 57.27. It remained Neutral.<\/p>\n<p>The long term Barometer advanced 4.09 to 62.27. It changed from Neutral to Overbought on a move above 60.00.<\/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 MMM (MMM) an S&amp;P 100 stock moved above $169.76 and $175.71 to an all-time high extending an intermediate uptrend. Responded to higher than consensus quarterly results. Lowes (LOW) an S&amp;P 100 stock moved below $203.40 extending an intermediate downtrend. Lockheed Martin (LMT) an S&amp;P 100 stock moved below $490.05 extending an intermediate downtrend. [&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-196778","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196778","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=196778"}],"version-history":[{"count":1,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196778\/revisions"}],"predecessor-version":[{"id":196779,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196778\/revisions\/196779"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=196778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=196778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=196778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}