Market Responses to FOMC news after 2:00 PM EDT U.S. equity indices were volatile but mixed by the close. Yield on 10 year Treasuries also were volatile, but mixed by the close. The U.S. Dollar Index and its related ETF dropped sharply. Weakness in the U.S. Dollar Index prompted strength in the CRB Index and its related ETF Notably stronger among commodities were gold, silver and crude oil. Related equities responded accordingly. Also, gasoline broke to a 2.5 year high. StockTwits Released Yesterday @EquityClock Technical action by S&P 500 stocks to 10:00: Bearish. No intermediate breakouts. Breakdowns: $IPG $CPB $KMB $K $MDLZ $MO $CHTR $VZ Editor’s Note: After 10:00 AM EDT, breakouts included ROP, FE, DO, MPC, XEL, HRS. Breakdowns included CLX and NCLH Consumer Staples SPDRs $XLP moved below $52.37 extending an intermediate downtrend. Breakdowns included $CPB $K $KMB $MDLZ $MO $PG Procter & Gamble $PG, a Dow Jones Industrial stock moved below $77.90 extending an intermediate downtrend. Verizon $VZ, a Dow Jones Industrial stock moved below $47.51 extending an intermediate downtrend. Encouraging technicals in Cdn. energy stocks continue. $XEG.CA. Breakout by Enerplus $ERF.CA above $15.05. ‘Tis the season for strength in the Canadian energy sector to mid-June! $XEG.CA Encouraging technical action by oil services sector $OIH! Nice breakout by $RIG above $10.05. ‘Tis the season for strength in the oil services sector to early May! $OIH Existing Home Sales More Canadian energy stock/ETF breakouts: $XEG.CA $ECA $OBE.CA Another oil services stock breakout! Diamond Offshore Drilling $DO moved above $15.89. Days of Supply of $OIL hinting to an earlier than average peak as demand for products remains robust $USO $XLE $XOP Existing Home Sales up 1.9% in February, well short of the 5.3% average gain for this time of year. #Economy #Housing $MACRO Oil Services ETF $OIH moved above $25.37 completing a double bottom pattern. First Majestic Silver $AG moved above US $6.14 completing a double bottom pattern. Other silver stocks also strong. Imperial Oil $IMO.CA, a Dow Jones Industrial stock moved above $35.47 completing a double bottom pattern. Trader’s Corner Daily Seasonal/Technical Equity Trends for March 21st 2018 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Commodities Trends for March 21st 2018 Green: Increase from previous day Red: Decrease from previous day * Excludes adjustment from rollover of futures contracts Daily Seasonal/Technical Sector Trends for March 21st 2018 Green: Increase from previous day Red: Decrease from previous day S&P 500 Momentum Barometer The Barometer added 0.51 to 43.80 yesterday. It remains intermediate neutral. TSX Momentum Barometer The Barometer added another 6.15 to 47.54 yesterday. It remains intermediate neutral. 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