{"id":197569,"date":"2026-08-20T23:56:45","date_gmt":"2026-08-21T03:56:45","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=197569"},"modified":"2026-08-21T08:46:55","modified_gmt":"2026-08-21T12:46:55","slug":"tech-talk-for-friday-august-21st-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/08\/20\/tech-talk-for-friday-august-21st-2026\/","title":{"rendered":"Tech Talk for Friday August 21st 2026"},"content":{"rendered":"

Pre-opening Comments for Friday August 21st<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning<\/b>. S&P 500 futures were up 38 points at 8:30 AM EDT.<\/em><\/p>\n

Ross Stores<\/b> (ROST) added $18.31 to$247.30 after reporting higher than consensus second quarter results. The company also raised guidance. <\/em><\/p>\n

\"clip_image001[1]\"<\/em><\/a><\/p>\n

EquityClock\u2019s Market Outlook for August 21st<\/sup><\/strong><\/font><\/em><\/p>\n

Manufacturers are extremely optimistic and this has important implications for portfolio positioning. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2026\/08\/20\/stock-market-outlook-for-august-21-2026\/<\/em><\/a><\/p>\n

Mark Leibovit<\/font>: US Dollar Fall Powering Gold Higher – Aug. 20, 2026<\/strong><\/font><\/em><\/p>\n

Mark Leibovit: US Dollar Fall Powering Gold Higher – Aug. 20, 2026 (substack.com)<\/em><\/a><\/p>\n

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

Oil and Gas Exploration SPDRs<\/b> (XOP) moved above $189.43 to a 10 year high extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until mid-October. See seasonality chart at www.EquityClock.com<\/a><\/p>\n

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Walmart<\/b> (WMT) a Dow Jones Industrial Average stock moved below $106.79 extending an intermediate downtrend.<\/p>\n

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S&P 100 and NASDAQ 100 stocks breaking above resistance extending an intermediate uptrend included Illumina<\/b> (ILMN) on a move above $207.00, Dow Holdings<\/b> (DOW) on a move above $32.73, Roper Technologies<\/b> (ROP) on a move above $410.26, Coca Cola<\/b> (KO) on a move above $90.92 and ConocoPhillips<\/b> (COP) on a move above $133.97.<\/p>\n

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Canadian Natural Resources<\/b> (CNQ.TO) a TSX 60 stock moved above Cdn$70.24 to an all-time high extending an intermediate uptrend. <\/p>\n

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Nutrien <\/b>(NTR.TO) a TSX 60 stock moved above Cdn$99.37 setting an intermediate uptrend.<\/p>\n

\"clip_image006\"<\/a><\/p>\n

National Bank<\/b> (NA.TO) a TSX 60 stock moved below Cdn$220.58 completing a double top pattern.<\/p>\n

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Bitcoin in U.S. Dollars<\/b> ($BTCUSD) completed a reverse Head & Shoulder pattern on moves above $66,900 and $67,300<\/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 20th<\/sup> 2026<\/p>\n

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Green:<\/font><\/i> 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


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

Daily Seasonal\/Technical Commodities Trends for August 20th<\/sup> 2026<\/p>\n

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

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

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

<\/p>\n

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

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

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

Daily Seasonal\/Technical Sector Trends for August 20th<\/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

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

This Could Be the Market’s Biggest Risk in September: Tom Bowley<\/b><\/p>\n

This Could Be the Market’s Biggest Risk in September \u2013 YouTube<\/a><\/p>\n

Yields Shake Off Treasury Intervention, Start Climbing Again, Markets Dump, Bitcoin Surges: Verified Investing<\/b><\/p>\n

Yields Shake Off Treasury Intervention, Start Climbing Again, Markets Dump, Bitcoin Surges \u2013 YouTube<\/a><\/p>\n

The Treasury Is Running Yield Curve Control Now: Dan Nathan and Liz Thomas<\/b><\/p>\n

The Treasury Is Running Yield Curve Control Now \u2013 YouTube<\/a><\/p>\n

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

\"clip_image017\"<\/a><\/p>\n

The intermediate term (50 days) Barometer dropped 6.60 to 55.20. It changed from Overbought to Neutral on a drop below 60.00. Daily downtrend was extended.<\/p>\n

\"clip_image018\"<\/a><\/p>\n

The short term (20 days) Barometer plunged 8.40 to 45.80. It remained Neutral. Daily downtrend was extended. <\/p>\n

The long term (200 days) Barometer dropped 2.00 to 73.00. It remained Overbought.<\/p>\n

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

\"clip_image019\"<\/a><\/p>\n

The intermediate term (50 days) Barometer dropped 5.02 to 57.99. It changed from Overbought to Neutral on a drop below60.00. Daily downtrend was set.<\/p>\n

\"clip_image020\"<\/a><\/p>\n

The short term (20 days) Barometer dropped 0.91 to 54.34. It remained Neutral.<\/p>\n

The long term (200 days) Barometer was unchanged at 71.89. 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":"

Pre-opening Comments for Friday August 21st U.S. equity index futures were higher this morning. S&P 500 futures were up 38 points at 8:30 AM EDT. Ross Stores (ROST) added $18.31 to$247.30 after reporting higher than consensus second quarter results. The company also raised guidance. EquityClock\u2019s Market Outlook for August 21st Manufacturers are extremely optimistic and […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-197569","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197569","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=197569"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197569\/revisions"}],"predecessor-version":[{"id":197573,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197569\/revisions\/197573"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=197569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=197569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=197569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}