Observation Trade war fears triggered greater volatility in U.S. equity markets. StockTwits released yesterday @EquityClock Technical action by S&P 500 stocks to 10:00: Bearish. No intermediate breakouts. Breakdowns: $DRI $TAP $AXP $LUK $USB $ABBV $XRAY $ACN $AVY More S&P 500 stocks break intermediate support after 10:00: $GPC $UAA $GILD $ANTM $PCAR $IFF $ARNC $AYI Editor’s Note: Add C and JPM to the list in late trading New Flyer Industries $NFI.CA moved above $59.67 to an all-time high extending an intermediate uptrend. Rio Tinto $RIO moved below $50.77 completing a Head & Shoulders pattern. China concerns? iShares Chile ETF $ECH moved below $52.01 completing a double top pattern. JP Morgan $JPM, a Dow Jones Industrial stock moved below $111.12 completing a double top pattern. Citigroup $C, another money center bank moved below $71.00 completing a modified Head & Shoulders pattern S&P 500 Index breaking below the flag consolidation portion of the bear-flag pattern. $SPX $SPY $ES_ Trader’s Corner Daily Seasonal/Technical Equity Trends for March 22nd 2018 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Commodities Trends for March 22nd 2018 Green: Increase from previous day Red: Decrease from previous day * Excludes adjustment from rollover of futures contracts Daily Seasonal/Technical Sector Trends for March 22nd 2018 Green: Increase from previous day Red: Decrease from previous day Keith Richards’ Blog Following is a link: http://www.valuetrend.ca/staples-not-stable/ Josef Schachter’s Energy Report Josef remains cautious on the sector, with a slightly positive bias on “gassy” stocks. Following is a link for subscribers: https://www.schachterenergyreport.ca/ S&P 500 Momentum Barometer The Barometer dropped 18.20 to 25.60 yesterday. It has dropped from intermediate neutral to intermediate oversold, but has yet to show signs of bottoming. TSX Momentum Barometer The Barometer dropped to 6.97 to 40.57 yesterday. Despite the drop, it remains intermediate neutral. 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