Observations Oil Services ETF moved above $12.44 completing a base building pattern. Seasonality for the Oil and Gas Equipment and Services sector turns positive at the end of this week for a seasonal move to the end of April. StockTwits released yesterday Base Metal stocks continue to move higher during their period of seasonal strength. Nice breakout by VALE $VALE above $12.48 extending a base building pattern. Another base metals stock breakout! BHP $BHP moved above $52.35 and 52.33 extending a base building pattern Global Metals iShares $PICK moved above $29.10 extending a base building pattern Editor’s Note: Strength in base metal stocks can be attributed to a breakout by copper futures above $2.73 per lb. extending an intermediate uptrend. Trader’s Corner Equity Indices and related ETFs Daily Seasonal/Technical Equity Trends for December 9th 2019 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for December 9th 2019 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for December 9th 2019 Green: Increase from previous day Red: Decrease from previous day Technical Scoop Link to David Chapman’s weekly comment compliments of www.enrichedinvesting.com David discusses, “Whipsaw week, tariff spook, gangbuster payroll, reinversion warning, repo mystery, Q warning”. Following is the link: http://enrichedinvesting.com/wp-content/uploads/2019/12/Whipsaw-week-tariff-spook-gangbuster-payroll-reinversion-warning-repo-mystery-Q-warning.pdf S&P 500 Momentum Barometer TSX Momentum Barometer 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