based upon recent trading action, the S&P 500 index is in an early stage of a short-term overbought correction. However, Money Flow measure still holds above the zero line, suggesting that downside risk could be limited. Expected the index to draw in buyers into any pullback toward the July low near 1950.
This is Capital Essence’s CEM News – Market Outlook (the technical analysis of financial markets) for July 28, 2014. …our “U.S. Market ETF Trading Map” rates the S&P as a Hold. As expected, the index sold off after recent test of resistance at the upper limit of its 3-week trading range was met with a [...read more]
Capital Essence’s “Swing-Trader Bulletin” for July 28, 2014. Using our unique proprietary tools, the Swing Trader Bulletin identifies trading patterns, trends, support and resistance levels to establishes attractive entry and exit points, buying opportunities. Targets and Stop-loss-point are included. Subscribers, please login.
This is Capital Essence’s CEM News – Daily Trading Ideas for July 28, 2014. From a list of more than 7000 U.S. listed stocks & ETFs, our unique trend-following system had found 81 ideal trading candidates (31 buy & 50 sell) for the next trading session. Targets and Stop-loss-point are included. Subscribers, please click here [...read more]
This is Capital Essence’s “ETFs Trading Map” Core ETFs Report for July 28, 2014. Core ETFs Model Portfolio Holdings: amid recent market volatilities, we’ve made some adjustment (read: roll stops higher) to protect profits. Most of the holdings shown nice gains. There’s a new setups. Subscribers, please click here to login. Year-to-date, our Core ETF [...read more]
This is Capital Essence’s “ETFs Trading Map” for July 28, 2014. …Key Technical Development: current Market Climate is characterized by an aggressive with a low but rising volatility trading environment that had historically been slightly negative for stocks. SPY pullback to support at the lower edge of the pink band after recent rally attempt was [...read more]