Observations Response to the European Central Bank’s monetary policy announcement was not greeted well by currency markets. The Euro dropped below support at 112.15 to a 21 month low extending an intermediate downtrend. OOOPs! Trump administration is exploring price disclosure requirements by hospitals and doctors. StockTwits released yesterday @EquityClock Technical action by S&P 500 stocks to 10:00: Bearish. No breakouts. Breakdowns: $CCL $GM $GT $KR $CME $ICE $VRTX $GD $DXC $AMD Editor’s Note: After 10:00 AM EST, breakout included PSA and breakdowns included HUM, IFF and AMG. S&P 500 Index $SPX moved below $2768 and 2765 completing a double top pattern Another Canadian "gassy" stock breakout! $PONY.CA moved above $1.61 completing a double bottom pattern. U.S. Dollar Index ETN $UUP moved above $25.90 to a two year high extending an intermediate uptrend South Africa ETF $EZA moved below $51.70 setting an intermediate downtrend CGI Group $GIB, a TSX 60 stock moved below $65.55 U.S. completing a double top pattern. Berkshire Hathaway $BRK.B, a Dow Jones Industrial stock moved below $198.21 setting an intermediate downtrend U.S. Broker iShares $IAI moved below $59.46 setting an intermediate downtrend Trader’s Corner. Equity Indices and related ETFs Daily Seasonal/Technical Equity Trends for March 7th 2019 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for March 7th 2019 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for March 7th 2019 Green: Increase from previous day Red: Decrease from previous day Updates More previously favoured seasonal trades triggered by upside intermediate breakouts have recorded short term technical deterioration (i.e. breaks below their 20 day moving average, downtrending momentum indicators, negative strength relative to the S&P 500 Index). Accordingly, they no longer are supported as a seasonal trade. They include: Incyte (INCY $82.45) discussed on January 8th at $74.89 BMO Base Metals ETF (ZMT $44.45) discussed on January 9th at $41.45 Base Metals iShares (PICK $30.23) discussed on January 9th at $28.44 GlobeX Copper Miners (COPX $21.23) discussed on January 9th at $19.23 eBay (EBAY $36.21) discussed on January 10th at $30.57 Netflix (NFLX $352.60) discussed on January 11th at 337.59 Emerging Markets iShares (EEM $41.94) discussed on January 17th at 41.35 First Quantum (FM $14.56) discussed on January 30th at $14.23 http://www.equityclock.com/about/seasonal-advantage-portfolio/ S&P 500 Momentum Barometer The Barometer dropped another 3.20 to 84.00 yesterday. It remains intermediate overbought and has started to trend down. TSX Momentum Barometer The Barometer dropped another 2.95 to 78.06 yesterday. It remains intermediate overbought and has started to trend down. 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