Observations U.S. Brokers ETF moved above $66.42 extending an intermediate uptrend. Market Responses to the 0.25% drop in the Fed Fund Rate U.S. equity indices initially moved lowered after 2:00 PM EDT, but recovered by the end of the day to close virtually unchanged. Strongest sector was U.S. Financials The U.S. Dollar Index and its ETN moved higher Precious metal prices moved lower. Long term Treasury bond prices moved lower. Trader’s Corner Equity Indices and related ETFs Daily Seasonal/Technical Equity Trends for September 18th 2019 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for September 18th 2019 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for September 18th 2019 Green: Increase from previous day Red: Decrease from previous day S&P Momentum Barometer The Barometer added another 0.80 to 76.00 yesterday. It remains intermediate overbought, but has yet to show signs of peaking. TSX Momentum Barometer The Barometer dropped 5.60 to 65.52 yesterday. It remains intermediate 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