Observation U.S. Treasury bond yield inversion of 10 year and 2 year issues spooked financial service stocks on both sides of the border StockTwits released yesterday @EquityClock CAE Inc. $CAE.CA moved below $33.52 to complete a double top pattern. Quarterly earnings were less than consensus. Indigo $IDG.CA dropped below $6.89 extending an intermediate downtrend. Quarterly sales and earnings were lower than consensus. EAFE ETF $EFA moved below $61.74 completing a double top pattern. Europe iShares $IEV moved below $41.18 completing a double top pattern. Gildan $GIL.CA, a TSX 60 stock moved below $47.68 extending an intermediate downtrend U.S. retail stocks notably under pressure: $JWN $KSS $LB $XRT. Cisco $CSCO, a Dow Jones Industrial stock moved below $50.74 completing a double top pattern. ARC Resources $ARX.CA, moved below $5.97 to a 14 year low extending an intermediate downtrend Eurozone ETF $EZU moved below $36.70 completing a double top pattern. Gasoline prices plunge just as demand for the product jumps to the highest level of the year. Benefit to the consumer during the high demand summer driving season, but not so good for investors. $UGA $USO $XLE $XOP Trader’s Corner Short term momentum notably turned down for a wide variety of indices, commodities and sectors. Equity Indices and related ETFs Daily Seasonal/Technical Equity Trends for August 14th 2019 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for August 14th 2019 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for August 14th 2019 Green: Increase from previous day Red: Decrease from previous day S&P 500 Momentum Barometer The Barometer plunged 15.15 to 26.85 yesterday. It changed to intermediate oversold from intermediate neutral on a move below 40.00 and continues to trend lower. TSX Momentum Barometer The Barometer plunged 12.12 to 38.96 yesterday. It changed to intermediate oversold from intermediate neutral on a move below 40.00 and continues to trend lower. 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