it seems to us that S&P found some solid footing near 1960. However, the fact that the index is basing sideways as it worked off the short-term oversold condition rather than bouncing higher, indicating an internal weakness. The bulls need to clear the 1990 hurdle quickly or the market will work off the oversold condition and fall under its own weight.
This is Capital Essence’s CEM News – Market Outlook (the technical analysis of financial markets) for September 30, 2014. …our “U.S. Market ETF Trading Map” rates the S&P as a Hold. The index continues basing sideways using the mid-August breakout point as support. Money Flow measure trended higher from below the zero line, indicating selling [...read more]
Capital Essence’s “Swing-Trader Bulletin” for September 30, 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 September 30, 2014. From a list of more than 7000 U.S. listed stocks & ETFs, our unique trend-following system had found 97 ideal trading candidates (57 buy & 40 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 September 30, 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 September 30, 2014. …Key Technical Development: current Market Climate is characterized by a defensive with a low but rising volatility trading environment that had historically been negative for stocks. SPY continues basing sideways near the trend channel moving average. Money Flow measure trended higher from below the [...read more]