This is Capital Essence’s CEM News – Market Outlook (the technical analysis of financial markets) for August 4, 2014.

…our “U.S. Market ETF Trading Map” rates the S&P as a Sell. Looking at the 6-month daily chart of the S&P, we can see that the daily trading range is getting narrower as the index inches toward the important sentiment 1900 mark. This is also, where the dark-green band comes in…

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