Observation After the close yesterday, Apple announced that fiscal first quarter revenue estimate has dropped to $84 billion from a previous estimate of $91.5 billion. The stock quickly moved to $145, below support levels indicated at $146.43, $148.62 and 146.59. U.S. equity indices (particularly the NASDAQ 100) are expected to respond at the opening. StockTwits Released Yesterday @EquityClock Turkey iShares $TUR moved below $23.84 and $23.93 setting an intermediate downtrend. Technical action by S&P 500 stocks to 10:00: Nil. Editor’s Note: After 10:00 AM EST, one stock broke intermediate resistance (KSS) and none broke support. Mexico iShares $EWW moved above $41.57 completing a base building pattern. Trader’s Corner Equity Indices and related ETFs Daily Seasonal/Technical Equity Trends for January 2nd 2018 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for January 2nd 2018 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for January 2nd 2019 2018 Green: Increase from previous day Red: Decrease from previous day http://www.equityclock.com/about/seasonal-advantage-portfolio/ S&P 500 Momentum Barometer The Barometer dropped 4.97 to 6.83 yesterday. It remains deeply intermediate oversold. TSX Momentum Barometer The Barometer was unchanged yesterday at 27.98. It remains intermediate oversold 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