Technical Notes released yesterday at StockTwits.com@EquityClock US Consumer Prices jumped by another 1.3% in March , which is more than double the 0.5% increase that is average for this time of the year. With a year-to-date increase of 3.1%, the change in consumer prices has already surpassed the increase that has been average for an entire year. $STUDY $MACRO $TIP $IEF #Economy #CPI As we enter earnings season with reports from some of the major banks, the technical setup for these financial institutions is concerning. equityclock.com/2022/04/12/… $JPM $TD $BMO $CM $BNS $RY $XFN.CA $ZEB.CA After a strong start to the year, Total Energy Product Supplied has now slipped below its seasonal average trend as high prices weigh on activity. The metric of demand is now lower on the year by 4.5%, below the 1.4% decline that is average through this point in the year. $XLE $XOP $USO $CL_F $MACRO $STUDY With a 3.0% jump in March alone, the 7.4% rise in Producer Prices Final Demand through the first quarter of 2022 is the fastest rise in inflationary pressures for this time of year on record. The average increase through the first quarter is a mere 1.2%. $MACRO $STUDY #Economy #PPI JP Morgan $JPM a Dow Jones Industrial Average stock moved below $126.33 extending an intermediate downtrend following release of lower than consensus first quarter results. TSX Financials iShares $XFN.CA moved below $49.90 and $49.78 completing a Head & Shoulders pattern. Junior Gold ETF $GDXJ moved above $50.29 extending an intermediate uptrend. Gold Bug Index $HUI moved above $327.03 extending an intermediate uptrend. Metals & Mining SPDRs $XME moved above $63.70 to an all-time high extending an intermediate uptrend. Steel ETF $SLX moved above $69.80 to a 14 year high extending an intermediate uptrend. Trader’s Corner Equity Indices and Related ETFs Daily Seasonal/Technical Equity Trends for April 13th 2022 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for April 13th 2022 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for April 13th 2021 Green: Increase from previous day Red: Decrease from previous day All seasonality ratings are based on performance relative to the S&P 500 Index (except TSX) Links from Valued Providers Comments from Mark Bunting and www.uncommonsenseinvestor.com Three Rip Van Winkle Stocks – Uncommon Sense Investor Five Reasons the Worst May Be Over for Stocks – Uncommon Sense Investor John Kosar from www.StockCharts.com says “Market on the verge of a steeper decline”. S&P 500 Momentum Barometers The intermediate term Barometer added 4.41 to 55.31 yesterday. It remains Neutral. The long term Barometer added 1.40 to 48.90 yesterday. It remains Neutral. TSX Momentum Barometers The intermediate term Barometer added 7.63 to 62.50 yesterday. It changed from Neutral to Overbought on a move above 60.00. The long term Barometer added 1.89 to 63.39 yesterday. It remains Overbought. 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.