Technical Notes released yesterday at StockTwits.com@EquityClock Despite the S&P 500 Index sitting in record high territory, well above its 50-day moving average, only half of its constituents are above this intermediate-term hurdle. equityclock.com/2021/07/07/… $SPX $SPY $ES_F $STUDY Canadian Dollar $CDW moved below US 80.12 cents setting an intermediate downtrend. S&P 100 and NASDAQ 100 stocks that broke intermediate support by 10:30 AM EDT included $FOX $JD $BAC $C $MET $SPG $GE $ASML $BIDU $CTSH $NTES $LRCX Major U.S. Bank SPDRs $KBE moved below $49.15 completing a double top pattern. Another U.S. bank breakdown in late trading! Bank of New York Mellon $BK moved below $48.04 extending an intermediate downtrend Canadian Financial stocks breaking intermediate support this morning included $BNS.CA $TD.CA and MFC.CA. Also, Canadian Financials iShares $XFN.CA broke intermediate support Canadian energy ETFs moving below intermediate support included ZEO.CA and XEG.CA. Among the major equities, SU.CA broke intermediate support. Europe iShares $IEV moved below $53.00 completing a double top pattern Germany iShares $EWG moved below $34.28 completing a double top pattern Russia ETF $RSX moved below $28.67 completing a double top pattern. Chile iShares ECH moved below $27.04 extending an intermediate downtrend. Hong Kong iShares $EWH moved below $26.40 completing a Head & Shoulders pattern SunLife $SLF.CA a TSX 60 stock moved below $62.04 extending an intermediate downtrend Metro $MRU.CA a TSX 60 stock moved above $59.97 extending an intermediate uptrend Trader’s Corner Equity Indices and Related ETFs Daily Seasonal/Technical Equity Trends for July 8th 2021 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for July 8th 2021 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for July 8th 2021 Green: Increase from previous day Red: Decrease from previous day All seasonality ratings are based on performance relative to the S&P 500 Index Market Buzz Greg Schnell comments on the Consumer Discretionary sector. Following is a link: Seasonality Chart of the Day from www.EquityClock Seasonal influences for Canadian energy ETFs including Energy iShares (XEG) and BMO Equal Weight Canadian Oil ETF (ZEO) have a history of moving lower on a real and relative basis from early July to the end of November. S&P 500 Momentum Barometers The intermediate term Barometer dropped 7.01 to 44.29 yesterday. It remains Neutral. The long term Barometer slipped 0.40 to 91.98 yesterday. It remains Extremely Overbought. TSX Momentum Barometers The intermediate term Barometer dropped 5.94 to 52.97 yesterday. It remains Neutral and trending down. The long term Barometer slipped 2.28 to 74.43 yesterday. It remains Overbought. Disclaimer: Seasonality and technical ratings offered in this report and at www.equityclock.com 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