Observations Trade war concerns are impacted equity markets and their related ETFs around the world StockTwits released yesterday@EquityClock American Express $AXP, a Dow Jones Industrial stock moved below $96.98 completing a double top pattern. Technical action by S&P 500 stocks to 10:00: Bearish. Breakout: $DRI. Breakdowns: $AXP $SCHW $ROK $AMAT $XRX $AVY $FMC Editor’s Note: After 10:00 AM EDT, breakout included AIG and breakdowns included BWA, MS, CMI, EMR, HON, ITW, PWR, AAPL, PKG, RTN, GD and MGM. Base metals ETN $DBB moved below $18.41 setting intermediate downtrend. Base metal stocks and ETFs by $DBB followed by breakdowns by $TECK $COPX $BHP $RIO $TECK.B.CA EAFE iShares $EFA moved below $67.20 setting an intermediate downtrend China iShares $FXI moved below $45.46 and $44.60 setting an intermediate downtrend. Lumber stock ETF $WOOD moved below $78.71 completing a double top pattern. Lithium ETN moved below $32.92 setting an intermediate downtrend. Vietnam ETF $VNM moved below $16.00 extending an intermediate downtrend. Apple $AAPL, a Dow Jones Industrial stock moved below $185.10 setting a double top pattern. Trader’s Corner Daily Seasonal/Technical Equity Trends for June 19th 2018 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Commodities Trends for June 19th 2018 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Sector Trends for June 19th 2018 Green: Increase from previous day Red: Decrease from previous day S&P 500 Momentum Barometer The Barometer dropped to . It remains intermediate overbought and has rolled over TSX Momentum Barometer The Barometer dropped to. It remains intermediate overbought and has rolled over. 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