Tech Talk for Wednesday December 26th 2018

The VIX Index spiked on Monday on increasing equity market volatility.

The Nikkei Average plunged 5.0% to 19,156 on Christmas Eve completing a double top pattern.

Trader's Corner

Equity Indices and related ETFs

Daily Seasonal/Technical Equity Trends for December 24th 2018

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for December 24th 2018

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for December 24th 2018

Green: Increase from previous day

Red: Decrease from previous day

StockTwits Released on Monday @EquityClock

Technical action by S&P 500 stocks to 10:30: Bearish. No breakouts. 40 breakdowns.

Editor's Note: After 10:30 AM EST, another 10 S&P 500 stocks broke intermediate support.

Boeing $BA, a Dow Jones Industrial stock moved below $296.61 extending an intermediate downtrend.

Crescent Point Energy $CPG.CA, a TSX 60 stock moved below $3.80 extending an intermediate downtrend.

CGI Group $GIB, a TSX 60 stock moved below $57.46 U.S. extending an intermediate downtrend.

TransCanada PipeLines $TRP.CA, a TSX 60 stock moved below $48.92 extending an intermediate downtrend.

Restaurant Brands International $QSR.CA, a TSX 60 stock moved below $$68.50 extending an intermediate downtrend.

Cascade $CAS.CA moved below $9.84 extending an intermediate downtrend.

Utilities SPDRs $XLU lead U.S. sectors on the downside.

MMM $MMM, a Dow Jones Industrial stock moved below $180.75 extending an intermediate downtrend.

S&P Momentum Barometer

The Barometer dropped another 1.20 to 5.00 on Monday. It remains deeply Intermediate Oversold, but has yet to show signs of bottoming.

TSX Momentum Barometer

The Barometer dropped another 4.12 to 18.93 on Monday. It remains Intermediate Oversold, but has yet to show signs of bottoming.

http://www.equityclock.com/about/seasonal-advantage-portfolio/

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

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