Observations Brutal day yesterday for equity markets: Computer generated selling and Trump tweets on a possible shutdown of the U.S. government took their toll. The VIX spiked to a 10 month high. The U.S. Dollar and its related ETN continue to show technical signs of rolling over. Conversely, other currencies strengthened (notably the Japanese Yen) StockTwits Released Yesterday @EquityClock Tech action by S&P 500 stocks to 10:15: No breakouts. 17 breakdowns including $DISH $CCL $DG $HD $RCL $CL $CHD $ETN $NLSN Technical action by S&P 500 stocks: 10:15-2:00: Another 31 stocks broke support including Dow Industrials: $IBM $MSFT $WBA $T Editor’s Note: Add DWDP to the list of Dow Industrial breakdowns Editor’s Note: After 2:00 PM EST, another four S&P 500 stocks broke intermediate support. Cenovus Energy $CVE.CA, a TSX 60 stock moved below $9.00 extending an intermediate downtrend. CCL Industries $CCL.B.CA, a TSX 60 stock moved below $49.96 extending an intermediate downtrend. Pembina Pipeline $PPL.CA, a TSX 60 stock moved below $42.06 extending an intermediate downtrend. TSX Technology ETF $XIT.CA moved below $17.14 extending an intermediate downtrend. Put Call Ratio looking set to close session at the highest level in over 20 years. Looks like an excellent contrarian buy signal. $CPC $SPX Philadelphia Business Outlook Survey at +1.6 (NSA) for December, stronger than -11.6 average for this time of year. $MACRO #Economy Trader’s Corner Equity Indices and related ETFs Daily Seasonal/Technical Equity Trends for December 20th 2018 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for December 20th 2018 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for December 20th 2018 Green: Increase from previous day Red: Decrease from previous day The Astrologers Fund 2019 Forecasts for the Stock Market, Trump, Gold and Crypto by Henry Weingarten Register here to attend our 11.55am December 21 Shindig webinar: https://shindig.com/login/event/astrologer2019 http://www.equityclock.com/about/seasonal-advantage-portfolio/ S&P 500 Momentum Barometer The Barometer dropped another 3.60 to 8.60, the lowest level since September 2015. It is deeply oversold, but has yet to show signs of bottoming. TSX Momentum Barometer The Barometer added 0.41 to 23.05 yesterday. It remains intermediate oversold. 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