Global markets started the week under pressure, with U.S. index futures pointing lower as rising crude oil prices and a nearly 9% decline in South Korea weighed on sentiment. Despite the weak pre-market action, the VIX remains on a sell signal, which continues to support the broader bullish trend. Seasonal patterns also remain favorable for July, although the current market continues to be driven primarily by developments in the semiconductor sector rather than historical seasonality.
The analysis reviews key technical signals across equities, commodities, currencies, bonds, and cryptocurrencies while highlighting important price levels for major Canadian and U.S. stocks. Several sectors remain on buy signals despite isolated weakness, while resistance levels continue to challenge market leaders such as NVIDIA, Apple, and the major indexes. Investors are encouraged to monitor key breakout and breakdown levels as markets react to Monday’s opening conditions.
Stephen Whiteside
Monday, July 13, 2026
