Technical Notes for September 8th TSX Composite Index dropped below its “institutionally sensitive” 50 day moving average. NASDAQ Composite Index dropped below its “institutionally sensitive” 50 day moving average. WTI Crude Oil moved below $37.08 per barrel and its related ETN (USO) moved below $26.82 extending an intermediate downtrend. Gasoline ETN moved below $1.11 completing a double top pattern. Energy SPDRs (XLE) moved below $34.24 completing a Head & Shoulders pattern. Chevron (CVX), a Dow Jones Industrial stock moved below $80.35 completing a Head & Shoulders pattern. S&P Oil and Gas Exploration SPDRs moved below $47.19 completing a Head & Shoulders pattern. First Trust Natural Gas ETF (FCG) moved below $6.80 completing a Head & Shoulders pattern. TSX Energy Index moved below71.76 completing a Head & Shoulders pattern Imperial Oil (IMO), a TSX 60 stock moved below $19.79 completing a Head & Shoulders pattern. Cenovus (CVE), a TSX 60 stock moved below $5.64 completing a double top pattern Husky Energy (HSE), a TSX 60 stock moved below $3.92 setting an intermediate downtrend. KraftHeinz (KHC), an S&P 100 stock moved below $32.98 completing a double top pattern. Maxim Integrated (MXIM), a NASDAQ 100 stock moved below $66.14 completing a double top pattern. Vertex (VRTX), a NASDAQ 100 stock moved below $261.30 completing a Head & Shoulders pattern. AutoDesk (ADSK), a NASDAQ 100 stock moved below $226.55 completing a double top pattern. ASML (ASML Holdings), a NASDAQ 100 stock moved below $350.74 completing a double top pattern. KLA Tencor (KLAC), a NASDAQ 100 stock moved below $186.34 and 175.82 extending an intermediate downtrend. Maxim Integrated Products (MXIM), a NASDAQ 100 stock moved below $66.14 completing a double top pattern. VeriSign (VRSN), a NASDAQ 100 stock moved below $196.34 completing a double top pattern. Gold ETN (GLD) moved below $179.04 completing a double top pattern. Franco-Nevada (FNV), a TSX 60 stock moved below US$141.26 setting an intermediate downtrend Trader’s Corner Equity Indices and related ETFs Daily Seasonal/Technical Equity Trends for September 8th 2020 Green: Increase from previous day Red: Decrease from previous day Commodities Seasonal/Technical Commodities Trends for September 8th 2020 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for September 8th 2020 Green: Increase from previous day Red: Decrease from previous day S&P 500 Momentum Barometer The Barometer plunged 18.04 to 54.31 yesterday. It changed from intermediate overbought to intermediate neutral on a move below 60.00. Intermediate trend is down. TSX Momentum Barometer The Barometer dropped 3.83 to 50.24 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