This is Capital Essence’s CEM News – Market Outlook (the technical analysis of financial markets) for April 4, 2014.
…our “U.S. Market ETF Trading Map” rates the S&P as a Buy. The index basing sideways near the high end of its 6-week trading range. Money Flow measure trended lower from above the zero line, indicating buying pressure had eased. Short-term momentum had reached extreme overbought zone. This is a short-term negative…
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