Observations CRB Index moved below 180.03 completing a double top pattern. The breakdown is unusual at this time of year. Seasonal influence for commodities normally bottom at this time of year (particularly in the energy sector). Lower metal prices (precious and base metals) were the greatest contributor to weakness in the CRB Index The CRB Index is responding partially to concerns about a slowdown in economic growth in China. StockTwits Released Yesterday @EquityClock More precious metal stocks breaking intermediate support: $YRI.CA $K.CA $PAAS Gasoline production and supply returning to seasonal average levels going into colder winter months. $UGA $RB_F #Oil Canadian Consumer Goods exports showing weakest calendar year performance on record. http://www.equityclock.com/2017/12/05/stock-market-outlook-for-december-6-2017/ $STUDY Hudson’s Bay Company $HBC.CA moved below $10.77 on larger loss extending an intermediate downtrend. Power Financial $PWF.CA, a TSX 60 stock moved below $35.08 completing a double top pattern. Technical action by S&P 500 stocks to 10:10: Quietly bearish. Breakout: $HRB. Breakdowns: $XEC $AVGO $AVB Editor’s Note: After 10:10 AM EST, breakout included COTY and breakdowns included SYMC and APC Emerging Markets iShares $EEM moved below $45.43 and $45.45 setting intermediate downtrend. West Fraser Timber $WFT.CA moved below $76.88 completing a double top pattern. Platinum ETN $PPLT moved below $86.40 resuming an intermediate downtrend Bank of Montreal $BMO.CA, a TSX 60 stock moved above $100.32 extending an intermediate uptrend. TransAlta $TA.CA moved above $7.92 extending an intermediate uptrend. ARC Resources $ARX.CA, a TSX 60 stock moved below $14.91 extending an intermediate downtrend. Crescent Point Energy $CPG.CA moved below support at $8.90 changing trend. Trader’s Corner Daily Seasonal/Technical Equity Trends for December 6th 2017 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Commodities Trends for December 6th 2017 Green: Increase from previous day Red: Decrease from previous day * Excludes adjustment from rollover of futures contracts Daily Seasonal/Technical Sector Trends for December 6th 2017 Green: Increase from previous day Red: Decrease from previous day Keith Richards’ Blog The Dogs of the Dow strategy has been around for years. I’ve filtered the list to create a new group called the “Best in show” list Here’s a blog on the outcome: http://www.valuetrend.ca/best-show-new-way-trading-dogs-dow-strategy/ S&P 500 Momentum Barometer The Barometer slipped another 1.14 to 69.40 yesterday. It remains intermediate overbought and trending down. TSX Momentum Barometer The Barometer lost another 3.49 to 41.32 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