Observation The VIX Index spiked on growing trade war fears between China and the U.S. Related South East country ETFs were collateral damage. EWH and EWJ moved below support. StockTwits released yesterday @EquityClock Technical action by S&P 500 stocks to 10:00: Bearish. Breakouts: $CME $XEL $DTE. Breakdowns: $HBI $KSS $BK $GWW $KEYS $WHR $SWKS $RL $TXT Auto ETF $CARZ moved below support at $32.53 Fertilizer ETF $SOIL completed a double top pattern on a move below $9.11. BMO Equal Weight Global Base Metals ETF $ZMT.CA moved below support at 43.45. Teck Resources $TECK $TECK.B.CA, a TSX 60 stock moved below support at $21.26 U.S. and $28.28 Cdn. Frontier iShares $FM moved below $27.95 completing a double top pattern. Finning International $FTT.CA moved below $22.44 extending an intermediate downtrend. Retail SPDRs $XRT moved below $43.25 completing a double top pattern. Dow Jones Industrial Average $INDU $DIA moved below its 200 day moving average at 25,423.02 Energy SPDRs $XLE moved below support at $62.81. Technical action by S&P 500 stocks from 10:00 AM to 1:00 PM: Bearish. Breakout: $CMS. Breakdowns: $DLTR $WBA $HAL $A $ITW $NLSN $FTNT Editor’s Note: WBA is a Dow Jones Industrial stock Europe iShares $IEV moved below $43.00 completing a double top pattern. Husky Energy $HSE.CA, a TSX 60 stock moved below $13.21 extending an intermediate downtrend. U.S. Utilities surged on lower U.S longer term interest rates $AEP $NEE $PNW $CMS $XLU Trader’s Corner Equity Indices and related ETFs Daily Seasonal/Technical Equity Trends for May 13th 2019 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for May 13th 2019 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for May 13th 2019 Green: Increase from previous day Red: Decrease from previous day Technical Scoop Link to David Chapman’s weekly report compliments of www.EnrichedInvesting.com http://enrichedinvesting.com/wp-content/uploads/2019/05/Trade-wars-good-correction-still-bull-expect-retaliation-party-continues-job-creators-gold-hot-stocks-not.pdf S&P 500 Momentum Barometer The Barometer plunged 20.00 to 36.60 yesterday. It changed to intermediate oversold from intermediate neutral on a move below 40, but continues to trend down. TSX Momentum Barometer The Barometer added 1.26 to 44.54 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