while Thursday low-conviction selloff is indicative a lack of selling interest, prices would not be able make any significant upside moves without real demand. With that said, the bulls will not have the ball back unless there is an increase in buying pressure. Therefore, it should not be surprising to see additional consolidations between the 1984 and 2009 levels in the S&P 500 index.
This is Capital Essence’s CEM News – Market Outlook (the technical analysis of financial markets) for August 29, 2014. …our “U.S. Market ETF Trading Map” rates the S&P as a Buy. The index moved down to test support at the lower edge of the pink band after recent rally ran out of steam near the [...read more]
Capital Essence’s “Swing-Trader Bulletin” for August 29, 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 August 29, 2014. From a list of more than 7000 U.S. listed stocks & ETFs, our unique trend-following system had found 101 ideal trading candidates (51 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 August 29, 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 August 29, 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 sold off sharply after recent test of resistance at the red band was met with a [...read more]