Observations Palladium and its related ETF (PALL) moved above $1,085 per ounce extending an intermediate uptrend. ‘Tis the season for Platinum prices to move higher! Traders took profits on news. StockTwits Released Yesterday @EquityClock Merck $MRK, a Dow Jones Industrial stock moved above $72.89 to an all-time high extending an intermediate uptrend. Energy SPDRs $XLE moved below $71.21 setting an intermediate downtrend. Oil Services ETF $OIH moved below $22.73 extending an intermediate downtrend. Natural Gas Equity ETF $FCG moved below $21.15 extending an intermediate downtrend. BMO Junior Gas ETF $ZJN.CA moved below $12.25 extending an intermediate downtrend. Technical action by S&P 500 to 10:00: Bearish. Intermediate breakouts: $MRK $HSY. Breakdowns: $HAS $UNP $FMC $A Editor’s Note: After 10:00 AM EDT, no additional breakouts. Breakdowns: CCL, C, DHR, NKTR Stantec $STN.CA moved above $34.61 setting an intermediate uptrend. Trader’s Corner Equity Indices and related ETFs Daily Seasonal/Technical Equity Trends for October 22nd 2018 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for October 22nd 2018 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for October 22nd 2018 Green: Increase from previous day Red: Decrease from previous day Technical Scoop Link to David Chapman’s weekly comment: http://www.enrichedinvesting.com/PDF/Bottom-pickers-paradise-for-stocks-and-gold-possible-in-Mid-term-elections.pdf S&P 500 Momentum Barometer The Barometer dropped 3.20 to 19.80. It remains intermediate oversold and continues to form a bottom. TSX Momentum Barometer The Barometer dropped 2.08 to 23.75 yesterday. It remains intermediate oversold and continues to form a bottom. 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