{"id":197195,"date":"2026-08-05T20:57:12","date_gmt":"2026-08-06T00:57:12","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=197195"},"modified":"2026-08-05T20:57:12","modified_gmt":"2026-08-06T00:57:12","slug":"tech-talk-for-thursday-august-6th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/08\/05\/tech-talk-for-thursday-august-6th-2026\/","title":{"rendered":"Tech Talk for Thursday August 6th 2026"},"content":{"rendered":"

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

Gold Bullion ETN<\/b> (GLD) moved above $383.60 completing a double bottom pattern.<\/p>\n

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Junior Gold ETF<\/b> (GDXJ) moved above $102.71 and $105.94 setting an intermediate uptrend.<\/p>\n

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Silver Bullion ETN<\/b> (SLV) moved above $55.08 and $56.37 completing a short term reverse Head & Shoulders pattern.<\/p>\n

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Aerospace & Defense iShares<\/b> (ITA) moved above $251.49 to an all-time high extending an intermediate uptrend. <\/p>\n

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Charles Schwab<\/b> (SCHW) moved above $106.76 to an all-time high extending an intermediate uptrend.<\/p>\n

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Emerson Electric<\/b> (EMR) an S&P 100 stock moved above $163.09 to an all-time high extending an intermediate uptrend.<\/p>\n

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MercadoLibre <\/b>(MELI) a NASDAQ 100 stock moved above $1,905.49 extending an intermediate uptrend.<\/p>\n

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S&P\/TSE Technology iShares<\/b> (XIT.TO) moved above Cdn$79.00 extending an intermediate uptrend. Triggered by strength in Shopify, up 16.5% on better than consensus results!<\/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 August 5th<\/sup> 2026<\/p>\n

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Green: Increase from previous day<\/font> <\/i><\/i><\/p>\n

Red:<\/i> Decrease from previous day<\/i><\/font><\/p>\n

Source for all positive seasonality ratings: www.EquityClock.com<\/a><\/i> <\/i><\/p>\n

<\/em><\/p>\n

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

Daily Seasonal\/Technical Commodities Trends for August 5th<\/sup> 2026<\/p>\n

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Green: Increase from previous day<\/font> <\/i><\/p>\n

Red: Decrease from previous day<\/font><\/i><\/p>\n

<\/em><\/p>\n

<\/i><\/p>\n

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

Daily Seasonal\/Technical Sector Trends for August 5th<\/sup> 2026<\/p>\n

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Green: Increase from previous day<\/font> <\/i><\/p>\n

Red: Decrease from previous day<\/font><\/i><\/p>\n


<\/i><\/p>\n

<\/i><\/p>\n

Links offered by valued providers<\/strong><\/font><\/p>\n

Gold Breakout! Does It Rip To All-Time Highs? Silver Analysis, Platinum, Palladium And Oil: Verified Investing<\/b><\/p>\n

Gold Breakout! Does It Rip To All-Time Highs? Silver Analysis, Platinum, Palladium And Oil \u2013 YouTube<\/a><\/p>\n

The Market’s ‘Blind Faith’ This Rally Will Continue: Guy Adami and Dan Nathan<\/b><\/p>\n

The Market’s ‘Blind Faith’ This Rally Will Continue \u2013 YouTube<\/a><\/p>\n

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

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The intermediate term Barometer dropped 2.00 to 66.60. It remained Overbought.<\/p>\n

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The short term (20 days) Barometer dropped 2.40 to 65.20. It remained Overbought.<\/p>\n

The long term Barometer dropped 0.40 to 71.60. It remained Overbought.<\/p>\n

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

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The intermediate term Barometer advanced 6.39 to 65.30. It changed from Neutral to Overbought on a move above 60.00.<\/p>\n

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The short term (20 days) Barometer dropped 6.39 to 58.45. It changed from Overbought to Neutral.<\/p>\n

The long term Barometer added 6.39 to 68.95. It remained 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 Gold Bullion ETN (GLD) moved above $383.60 completing a double bottom pattern. Junior Gold ETF (GDXJ) moved above $102.71 and $105.94 setting an intermediate uptrend. Silver Bullion ETN (SLV) moved above $55.08 and $56.37 completing a short term reverse Head & Shoulders pattern. Aerospace & Defense iShares (ITA) moved above $251.49 to an […]<\/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-197195","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197195","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=197195"}],"version-history":[{"count":1,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197195\/revisions"}],"predecessor-version":[{"id":197196,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197195\/revisions\/197196"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=197195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=197195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=197195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}