Observations U.S. equity markets were de-FAANGed yesterday (Facebook, Amazon, Apple, Netflix, Google/Alphabet). They led U.S. equity markets on the downside. The VIX Index responded by jumping 3.68 to 19.48 (23.29%). Technical selling further was triggered by drops by equity indices and sectors below their 20 day moving average. StockTwits Released Yesterday @EquityClock Coal ETF $KOL completed a double top pattern on a move below $16.14. Technical action by S&P 500 stocks to 10:00: Quiet. No intermediate breakouts. Breakdowns: $$CMCSA $AET. Editor’s Note: After 10:00 AM EST, North American equity indices further deteriorated. Intermediate breakout: EXC. Breakdowns: MNK, CERN, BEN, CBS, GIS, BIIB, DWDP and CTL Broadly based North American equity indices move below their 20 day moving average: $SPX $TSX $INDU $COMPQ $RUT $SPTSE Uranium ETF $URA moved below $12.50 extending an intermediate downtrend. Trader’s Corner Daily Seasonal/Technical Equity Trends for March 19th 2018 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Commodities Trends for March 19th 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 19th 2018 Green: Increase from previous day Red: Decrease from previous day Keith Richards’ Blog Following is a link: http://www.valuetrend.ca/musings/ S&P 500 Momentum Barometer The Barometer plunged 8.40 to 42.80 yesterday. It remains intermediate neutral. TSX Momentum Barometer The Barometer added another 0.82 to 42.21 yesterday. 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