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

…our “U.S. Market ETF Trading Map” rates the S&P as a Buy. As expected, the index sold off after a test of resistance at the lower edge of the pink band was met with a new wave of selling interest. Momentum indicator shifted lower from overbought zone, suggesting further short-term weakness likely. A downside follow-through will confirm this…

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?)
9/11 Returns in 2013
Read more on China Steel Struct, Hutchison Whampoa, S&P 500 (SPX) at Wikinvest
Related posts:
  1. Market Outlook
  2. Market Outlook
  3. Market Outlook

Archives

Translate this Page