StockTwits Released Yesterday @EquityClock Tech action by S&P 500 stocks to 10:00: Mixed. Breakouts: . Breakdowns: Editor’s note: After 10:00 AM EDT, breakouts included MSCI and NUE. Breakdown: FL. MMM , a Dow Jones Industrial stock moved below $193.51 setting an intermediate downtrend. Commerce Bank .CA, a TSX 60 stock moved above $116.60 extending an intermediate uptrend. Breakout by CM.CA helped BMO Equal Weight ETF $ZEB.CA to move above $29.60 extending an intermediate uptrend. ‘Tis the season for Canadian Financials (particularly banks) to move higher on a real and relative basis to the end of September! $ZEB.CA Emerging Markets iShares showing early signs of bottoming on a move above $44.20. India ETF completed a double bottom pattern on a move above $23.35. ‘Tis the season for India equity indices to move higher to December! Gildan Activewear .CA, a TSX 60 stock moved below $35.88 and $35.44 extending an intermediate downtrend. U.S. steel stocks and ETF notably stronger led by a breakout by Nucor . Trade war impact? Advantage Oil & Gas .CA moved above $4.40 completing a base building pattern. Metro $MRU.CA, a TSX 60 stock moved below $43.24 completing a double top pattern. Finning International $FTT.CA moved below $31.99 setting an intermediate downtrend. Trader’s Corner Daily Seasonal/Technical Equity Trends for July 24th 2018 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Commodities Trends for July 24th 2018 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Sector Trends for July 24th 2018 Green: Increase from previous day Red: Decrease from previous day Keith Richards’ Blog Headline reads,” Earnings beats don’t mean the market will rise”. Following is a link: https://www.valuetrend.ca/earnings-beats-dont-mean-the-market-will-rise/ S&P 500 Momentum Barometer The Barometer added 0.60 to 64.60 yesterday despite the 0.48% gain by the Index. It remains intermediate overbought TSX Momentum Barometer The Barometer dropped another 2.07 to 53.11 yesterday. It remains intermediate neutral and trending down. 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