Good Morning. This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for November 8, 2017.
Editor’s note: this column was originally published on Capital Essence’s CEM News. It’s being republished as a bonus for the loyal readers. For more information about subscribing to CEM News, please click here.
Below, 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.
Daily trend: QQQ is in bright green (strong buy). DIA and SPY are in green (weak buy). IWM is in yellow (neutral).
Chart 1.1 Major indices ETFs (Daily)
Weekly trend: all major indices ETFs signaled fully invested. DIA, SPY, QQQ and IWM are all in bright green (strong buy).
Chart 1.2 Major indices ETFs (Weekly)
Monthly trend: all major indices ETFs signaled fully invested. DIA, SPY, QQQ and IWM are all in bright green (strong buy).
Chart 1.3 Major indices ETFs (Monthly)
Capital Essence’s SPRDs Report Explanation:
Signal (daily, weekly and monthly): each ETF is rated base on our in-house algorithm and proprietary trend indicator. Trade in the direction of the trend. That’s said, if the signal is “Sell or Weak Sell”, trade on the short side. If the trend is “Buy or Weak Buy”, trade on the buy side. If the trend is “Neutral”, it’s best to buy when it’s oversold and sell when it’s overbought or simply stay on the sideline.
Thanks and good trading!
You see, our trend-following system is very unique as it attempts to pick turns before others see them. Timing is everything and if you’ve applied our system correctly, you should have made a killing in any markets.
This is just an example of many successful trades that our member had enjoyed recently. After all, aren’t you glad you subscribed?
Subscribe to CEM News to receive more in-depth research from Capital Essence.
P.S. Take advantage of the 30 days special trial [new member only]. Join a small group of elite traders and receiving these daily trading ideas by click here to subscribe.