Observations Early technical signs of a short term bottom in U.S. equities have appeared Short term momentum indicators for the equally weighted S&P 500 ETF turned higher from deeply oversold levels yesterday. Short term momentum indicators for selected sectors (Banks, Autos) also show turned higher from deeply oversold levels. StockTwits Released Yesterday@EquityClock Visa $V, a Dow Jones Industrial stock moved below $132.26 setting an intermediate downtrend. Technical action by S&P 500 stocks to 10:00: Mixed. Intermediate breakouts: $UA $UAA $HCP. Breakdowns: $STZ $RIG $V $ECL Editor’s note: After 10:00 AM EDT, breakouts included SPG, LB, SBAC and JWN. Breakdown: SRE Pembina Pipelines $PPLCA moved below $42.31 extending an intermediate downtrend. Trader’s Corner Equity Indices and related ETFs Daily Seasonal/Technical Equity Trends for October 30th 2018 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for October 30th 2018 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for October 30th 2018 Green: Increase from previous day Red: Decrease from previous day S&P 500 Momentum Barometer Short term technical evidence that the S&P 500 Index may have reached a bottom. The Barometer gained 6.00 to 22.20 from a deeply oversold level yesterday. TSX Momentum Barometer The Barometer improved 1.66 to 13.69 yesterday. It remains deeply intermediate oversold, but significant evidence of a bottom has yet to arrive. 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