S&P Broke Key Resistance but Follow-through is Key

S&P cleared key technical resistance, breaking above the trend channel moving average. Nevertheless, it will be important to monitor the rally and retreat behaviors over the next few days to determine whether breakouts are decisive. We’d turn particular bullish if the S&P closes above 2630 on a weekly basis

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for January 18, 2019. SPDRs Report is the daily, weekly and monthly technical overviews and analysis for major indices, key sectors, commodities ETFs. This information is a comprehensive summary derived from our proprietary trading system.

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for January 17, 2019. SPDRs Report is the daily, weekly and monthly technical overviews and analysis for major indices, key sectors, commodities ETFs. This information is a comprehensive summary derived from our proprietary trading system.

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