Tech Talk for Tuesday March 11th 2025

U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points at 8:30 AM EDT.

Delta Airlines dropped $5.61 to $44.72 after offering fiscal first quarter guidance below consensus.

Oracle dropped $4.79 to $144.00 after reporting less than consensus fiscal third quarter revenues.

LifeMD advanced $0.86 to $5.13 after offering fiscal fourth quarter guidance above consensus.

Ciena added $4.44 to $69.97 after reporting higher than consensus fiscal first quarter revenues and earnings.

EquityClock's Market Outlook for March 11th

Don't be the hero trying to catch a falling knife, but lookout for these signs of capitulation to buy the dip. See:

https://equityclock.com/2025/03/10/stock-market-outlook-for-march-11-2025/

Technical Notes

Canada MSCI iShares $EWC moved below US$39.39 completing a double top pattern.

Major U.S. Index ETFs broke support completing double top pattern: Dow Jones Industrial Average SPDRs $DIA moved below $417.73. Dow Jones Transportation Average SPDRs moved below $66.43

Australia iShares $EWA moved below $23.54 extending an intermediate downtrend.

George Weston $WN.TO a TSX 60 stock moved above Cdn$239.62 to an all-time high extending an intermediate uptrend.

Amazing number of stocks moved higher yesterday despite general weakness by U.S. equity indices! S&P 100 and NASDAQ 100 stocks moving above resistance extending intermediate uptrends included Pfizer $PFE on a move above $27.12, General Dynamics $GD on a move above $274.15, NextEra Energy $NEE on a move above $73.32, Biogen $BIIB on a move above $156.37, Monster Beverages on a move above $56.70 and Southern Companies $SO on a move above $92.89, Regeneron $REGN on a move above $741.37, Dollar General $DG on a move above $84.09, Costar Group $CSGP on a move above $82.49 and US Bancorp on a move below $42.57.

S&P 100 and NASDAQ 100 stocks moving below support extending intermediate downtrends included Microsoft $MSFT on a move below $383.34, Simon Properties $SPG on a move below $166.44, Booking $BKNG on a move below $4,586.51, Goldman Sachs $GS on a move below$541.80, Walmart $WMT on a move below intermediate support at $88.91, Schwab on a move below $71.07, Citigroup $C on a move below $67.45, Workday $WDAY on a move below $244.88 and MetLife $MET on a move below $78.22

Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for March 10th 2025

Green: Increase from previous day

Red: Decrease from previous day

Source for all positive seasonality ratings: www.EquityClock.com

Commodities

Daily Seasonal/Technical Commodities Trends for March 10th 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for March 10th 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

What investors are looking for under a Carney leadership

What investors are looking for under a Carney leadership - YouTube

Chart Check On Stocks As Nasdaq Enters Correction: Guy Adami, Dan Nathan, Carter Worth

https://www.youtube.com/watch?v=yH78-qkSVpc

Stocks at a Turning Point – What’s Next? ValueTrendCanada

https://www.youtube.com/watch?v=jGSAXPMCBZU

5 Strong Stocks Defying the Bearish Market! David Keller

https://www.youtube.com/watch?v=dpI6aeZDvjc

Canadian Association for Technical Analysis Presentation

Next presentation on ZOOM is this evening at 8:00 PM EDT. Speaker is Don Dony, author of the TechnicalSpeculator. Everyone is welcome. Not a member? Contact:

https://canadianata.ca/

S&P 500 Momentum Barometers

The intermediate term Barometer dropped 4.20 to 43.20. It remains Neutral.

The long term Barometer dropped 5.60 to a 16 month low at 46.80. It remains Neutral. Daily downtrend continues.

TSX Momentum Barometers

The intermediate term Barometer dropped 7.27 to 38.18. It changed from Neutral to Oversold on a move below 40.00. Daily downtrend continues.

The long term Barometer dropped 5.45 to a 15 month low at 49.09. It remains Neutral. Daily downtrend continues.

Disclaimer: Seasonality ratings 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