Day: October 1, 2018

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for October 1, 2018. 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.

S&P Could Continue to Drift Sideways

while market could continue to drift sideways as global trade concerns continue negatively affect trading sentiment, the fact that the S&P pulled back to level that had been successful in repelling price action in the past increased the probability for a short-term bounce. 2900 is the line in the sand. A close above it is required before there is any real prospect of a change in the medium-term upward pressure