Tech Talk for Thursday June 3rd 2021

Technical Notes released yesterday at StockTwits.com@EquityClock

Reopening trades continue to excel, benefitting from many of the themes that we have and continue to highlight. equityclock.com/2021/06/01/… $XLE $XLB $XLI $PEJ

Globex Uranium ETF $URA moved above $22.89 to an all-time high extending an intermediate uptrend.

Energy SPDRs $XLE moved above $55.14 extending an intermediate uptrend.

Oil Services ETF $OIH moved above $230.01 extending an intermediate uptrend.

Moderna $MRNA a NASDAQ 100 stock moved above $189.26 to an all-time high extending an intermediate uptrend.

Oracle $ORCL an S&P 100 stock moved above $80.72 to an all-time high extending an intermediate uptrend.

Sirius XM $SIRI a NASDAQ 100 stock moved above $6.41 completing a base building pattern.

Suncor $SU.CA a TSX 60 stock moved above $29.55 extending an intermediate uptrend.

Cenovus $CVE.CA a TSX 60 stock moved above $10.75 extending an intermediate uptrend.

BCE $BCE.CA a TSX 60 stock moved above $60.53 to an all-time high extending a long term uptrend

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for June 2^nd 2021

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for June 2^nd 2021

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for June 2^nd 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

S&P 500 Momentum Barometers

The intermediate Barometer was unchanged at 73.35 yesterday. It remains Overbought.

The long term Barometer added 0.22 to 91.18 yesterday. It remains Extremely Overbought.

TSX Momentum Barometers

The intermediate Barometer slipped 3.11 to 72.35 yesterday. It remains Overbought.

The long term Barometer added 1.47 to 82.03 yesterday. It remains Extremely 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