Observations U.S. Treasury prices moved lower in anticipation of another increase in the Fed Fund rate on August 1st and a possible change in policy by the Bank of Japan. Yield on 10 year Treasuries jumped 7 basis points. StockTwits Released Yesterday @EquityClock Oil Services ETF moved below $25.21 extending an intermediate downtrend. Technical action by S&P 500 stocks to 10:00: Bearish. No intermediate breakouts. Breakdowns: , . Editor’s Note: After 10:00 AM EDT breakouts included HCA, TIF and FAST. Breakdowns included ITW and ALB. Lundin Mining $LUN.CA moved below $7.06 extending an intermediate downtrend. US Existing Home Sales up 6.5% (NSA) in June, below the 8.4% increase that is average for the month. $MACRO #Economy #Housing #Housing inventory up 34.9% in the first half of the year, the largest increase through the first half in over two decades. $MACRO $STUDY Trader’s Corner Daily Seasonal/Technical Equity Trends for July 23rd 2018 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Commodities Trends for July 23rd 2018 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Sector Trends for July 23th 2018 Green: Increase from previous day Red: Decrease from previous day S&P 500 Momentum Barometer The Barometer added 0.40 to 64.00 yesterday. It remains intermediate overbought. TSX Momentum Barometer The Barometer dropped 3.98 to 55.19 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