Thursday’s bullish breakout marked the early phase of a new uptrend that could eventually take the market to the December’s high near 2080 on the S&P 500 index. Buyers however, should be mindful that the market is nearly short-term overbought following recent advance so only buying on dips should be rewarding.
This is Capital Essence’s CEM News – Market Outlook (the technical analysis of financial markets) for December 19, 2014. …our “U.S. Market ETF Trading Map” rates the S&P as a Hold. Key technical development in Thursday trading session was a clear break above the December falling trend line resistance, suggesting that the index might have [...read more]
Capital Essence’s “Swing-Trader Bulletin” for December 19, 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 December 19, 2014. From a list of more than 7000 U.S. listed stocks & ETFs, our unique trend-following system had found 62 ideal trading candidates (12 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 December 19, 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 December 19, 2014. …Key Technical Development: current Market Climate is characterized by an aggressive with low volatility trading environment that had historically been positive for stocks. SPY moves up to test resistance at the lower edge of the pink band following recent broke out above the trend [...read more]