Day: November 5, 2018

Bulls Need to Clear S&P’s 2760 quickly or Market Will Fall Under its Own Weight

we wouldn’t look too much into last week’s trading action because it keeps the S&P within its short-term oversold consolidation phase. Momentum has weakened as S&P moved up to test resistance near the 2750-2765 zone. The longer the index stays below that level, the more vulnerable it is to lower prices. With that said, the bulls need to clear 2760 quickly or market will works off oversold conditions and fall under its own weight

SPDRs Report

Good Morning. This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for November 5, 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 […]