Responses to the FOMC report released at 2:00 PM EST
At 2:00 PM EST the FOMC maintained its lending rate for major U.S. banks at 3.50%-3.75%.
S&P 500 moved lower
U.S. Dollar ETN (UUP) spiked higher
The VIX Index spiked higher
Yield on 10 year Treasuries ($TNX) spiked higher.
Major U.S. Bank SPDRs (KBE) moved lower
The Canadian Dollar ($XDC) moved sharply lower.
Technical Notes
Three Dow Jones Industrial Average stocks trading below support setting an intermediate downtrend: Home Depot (HD) on a move below $335.47, MMM on a move below $147.16 and Visa (V) on a move below $303.08. Also MasterCard (MA) an S&P 100 stock broke support on a move below $490.00.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for March 18th 2026
Green: Increase from previous day
Red: Decrease from previous day
Source for all positive seasonality ratings: www.EquityClock.com
Commodities
Daily Seasonal/Technical Commodities Trends for March 18th 2026
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for March 18th 2026
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
Commodities Update 2026: Oil, Uranium, Gold, Natural Gas & More: ValueTrendCanada
Commodities Update 2026: Oil, Uranium, Gold, Natural Gas & More – YouTube
Emerging Markets: Stirred, But Not Yet Shaken: Goldman Sachs
Emerging Markets: Stirred, But Not Yet Shaken – YouTube
S&P 500 Momentum Barometers
The intermediate term Barometer dropped 5.80 to 29.80. It remains Oversold. Daily downtrend was extended.
The short term Barometer dropped 7.80 to 19.20. It remains Oversold. Daily downtrend was extended.
The long term Barometer dropped 2.80 to 48.80. It remains Neutral.
TSX Momentum Barometers
The intermediate term Barometer dropped 8.30 to 36.41. It changed from Neutral to Negative on a move below 40.00. Daily downtrend resumed.
The short term (20 days) Barometer plunged 7.83 to 32.26. It remains Oversold.
The long term Barometer dropped 1.38 to 75.12. It remains Overbought.
Disclaimer: Seasonality ratings 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.
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Equity Clock Publications