Technical Notes for Tuesday October 20th Magna International (MG), a TSX 60 stock moved above $71.00 extending an intermediate uptrend. Base Metals ETN (DBB), one third each in copper, zinc and aluminum, moved above $15.81 extending an intermediate uptrend. Spot Copper futures moved above $3.12 to $3.15 per lb. extending an intermediate uptrend. Southern Copper (SCCO), one of the biggest copper producers in the world, moved above $49.12 extending an intermediate uptrend. Hudbay Minerals (HBM.TO), a Canadian copper miner moved above Cdn$6.34 extending an intermediate uptrend. Freeport McMoran (FCX), another major copper producer moved above $17.50 extending an intermediate uptrend. Responding to higher copper prices. Philip Morris (PM), an S&P 100 stock moved below $$73.45 after reporting third quarter results completing a double top pattern. Trader’s Corner Equity Indices and Related ETFs Daily Seasonal/Technical Equity Trends for October 20th 2020 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for October 20th 2020 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for October 20th 2020 Green: Increase from previous day Red: Decrease from previous day Presidential Cycle Stockcharts offered a panel of technical experts to discuss the topic. Following is a link: S&P 500 Momentum Barometer The Barometer added 2.01 to 63.05 yesterday. It remains intermediate overbought. TSX Momentum Barometer The Barometer added 2.39 to 53.33 yesterday. It remains intermediate neutral. 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