Technical Notes for Tuesday May 4th Solar ETF (TAN) moved below $80.80 extending an intermediate downtrend. Crude oil ETN (USO) moved above $44.64 extending an intermediate uptrend. Gasoline ETN (GASO) moved above $2.15 per gallon extending an intermediate uptrend. Peloton (PTON), a NASDAQ 100 stock moved below $94.00 completing a Head & Shoulders pattern. Applied Materials (AMAT), a NASDAQ 100 stock moved below $128.31 completing a double top pattern. PACCAR (PCAR), a NASDAQ 100 stock moved below $89.61 extending an intermediate downtrend. Zoom (ZM), a NASDAQ 100 stock moved below $302.32 extending an intermediate downtrend. Activision Blizzard (ATVI) moved below $88.63 completing a Head & Shoulders pattern. Pembina Pipelines (PPL), a TSX 60 stock moved above $38.33 extending an intermediate uptrend. Bausch Health (BHC), a TSX 60 stock moved below $35.17 extending an intermediate downtrend. Trader’s Corner Equity Indices and Related ETFs Daily Seasonal/Technical Equity Trends for May 4th 2021 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for May 4th 2021 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for May 4th 2021 Green: Increase from previous day Red: Decrease from previous day All seasonality ratings are based on performance relative to the S&P 500 Index S&P 500 Momentum Barometers The intermediate term Barometer dropped 5.81 to 79.75 yesterday. It changed from Extremely Overbought to Overbought on a move below 80.00. The long term Barometer slipped 1.00 to 93.79 yesterday. It remains Extremely Overbought and trending down. TSX Momentum Barometers The intermediate term Barometer dropped 3.52 to 69.85 yesterday. It remains Overbought and trending down. The long term Barometer slipped 1.00 to 76.88 yesterday. It remains Overbought and showing early signs of rolling 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