This is Capital Essence’s CEM News – Market Outlook (the technical analysis of financial markets) for May 13, 2013.

…our “U.S. Market ETF Trading Map” rates the S&P as a Buy. As expected, the index rebounded nicely off support the lower edge of the red band. This is a short-term positive but let’s notice that with Friday gains, the index is about 13 points, or less than 1%, away from the upper edge of the red band. As mentioned, a trade above that level often…

Subscribers, please click here to read the rest.

CEMNews_trial

Subscribe to CEM News to receive more in-depth research from Capital Essence.

More on this topic (What's this?)
TierPoint Acquires Xand, Doubles Footprint
When Love And Hate Collide, Twitter Inc
Read more on Hutchison Whampoa, China Steel Struct, S&P 500 (SPX) at Wikinvest
Related posts:
  1. Market Outlook
  2. Market Outlook
  3. Market Outlook

Archives

Translate this Page