{"id":196854,"date":"2026-07-23T22:17:15","date_gmt":"2026-07-24T02:17:15","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=196854"},"modified":"2026-07-23T22:17:15","modified_gmt":"2026-07-24T02:17:15","slug":"tech-talk-for-friday-july-24th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/07\/23\/tech-talk-for-friday-july-24th-2026\/","title":{"rendered":"Tech Talk for Friday July 24th 2026"},"content":{"rendered":"<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font> <\/p>\n<p><b>Yield on 10 year U.S. Treasuries<\/b> ($TNX) moved above 4.69% to an 18 month high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image001-15.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-15.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Consumer Discretionary SPDRs<\/b> (XLY) moved below $113.13 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image002-15.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-15.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>South Africa iShares<\/b> (EZA) moved below $61.53 and $60.87 setting an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image003-13.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-13.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>BMO Equal Weight Energy<\/b> ETF (ZEO.TO) moved above Cdn$112.14 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image004-13.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-13.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>S&amp;P\/TSE Technology iShares<\/b> (XIT.TO) moved below Cdn$68.93 setting an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image005-9.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-9.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Gasoline ETN<\/b> (UGA) moved above $125.47 to an all-time high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image006-12.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-12.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>S&amp;P 100 stocks moving below support extending an intermediate downtrend included <b>Wal-Mart<\/b> (WMT) on a move below $107.25, <b>Lockheed Martin<\/b> (LMT) on a move below $487.15, <b>Alphabet <\/b>(GOOG) on a move below $333.69 and (GOOGL) on a move below $330.20, <b>Tesla<\/b> (TSLA) on a move below $368.60 and <b>Amazon<\/b> (AMZN) on a move below $225.55.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image007-6.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image007\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image007\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image007_thumb-6.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image008-12.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-12.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_image010-11.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-11.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 23<sup>rd<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image012-12.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-12.png\" width=\"244\" height=\"116\" \/><\/a><\/p>\n<p><i><font color=\"#00ff00\">Green:<\/font><\/i><i><font color=\"#00ff00\"> 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><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 23<sup>rd<\/sup> 2026<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image014-13.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-13.png\" width=\"244\" height=\"142\" \/><\/a><\/b><\/p>\n<p><i>Green: Increase from previous day <\/i><\/p>\n<p><i><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/i><\/p>\n<p><em><font color=\"#ff0000\"><\/font><\/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 23<sup>rd<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image016-10.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-10.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>Is Chasing This Market a Mistake? Tom Bowley<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=CY-nNfhgF6s\">Is Chasing This Market a Mistake? \u2013 YouTube<\/a><\/p>\n<p><b>Oil Rips Higher, Mega Tech Slammed On GOOGL &amp; TSLA Earnings, It Is Coming&#8230;! Verified Investing<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=Z5bPRuEwpn8\">Oil Rips Higher, Mega Tech Slammed On GOOGL &amp; TSLA Earnings, It Is Coming&#8230;! \u2013 YouTube<\/a><\/p>\n<p><b>The Bond Market Is Sending A Warning The Stock Market Won&#8217;t Hear: Liz Thomas<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=7tb8Vp6pJYI&amp;t=347s\">The Bond Market Is Sending A Warning The Stock Market Won&#8217;t Hear \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_image017-9.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-9.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped 3.60 to 60.00. It remained Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image018-7.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image018\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image018\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image018_thumb-7.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer dropped another 3.00 to 44.00. It remained Neutral. Daily downtrend was extended.<\/p>\n<p>The long term Barometer dropped 0.80 to 65.40. 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_image019-4.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image019\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image019\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image019_thumb-4.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped 8.64 to 53.64. It returned to Neutral from Overbought on a move below 60.00.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image020-4.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image020\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image020\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image020_thumb-4.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer dropped 16.82 to 47.27. It returned to Neutral from Overbought on a move below 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 Yield on 10 year U.S. Treasuries ($TNX) moved above 4.69% to an 18 month high extending an intermediate uptrend. Consumer Discretionary SPDRs (XLY) moved below $113.13 extending an intermediate downtrend. South Africa iShares (EZA) moved below $61.53 and $60.87 setting an intermediate downtrend. BMO Equal Weight Energy ETF (ZEO.TO) moved above Cdn$112.14 to [&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-196854","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196854","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=196854"}],"version-history":[{"count":1,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196854\/revisions"}],"predecessor-version":[{"id":196855,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196854\/revisions\/196855"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=196854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=196854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=196854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}