Day: October 10, 2018

S&P in Holding Pattern

market is in holding pattern as traders are watching to see whether or not the S&P can hold above 2880. Money Flow measure and momentum had been deteriorated, suggesting that the support might not hold for long. A failure to hold above key price level means that long-term buying pressure has finally been exhausted. On balance, we remain near term neutral/negative for S&P as we believe market vulnerable to some downside retracement over the short-to-intermediate term

SPDRs Report

Good Morning. This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for October 10, 2018. 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 […]