Day: November 9, 2018

S&P Shifted to Consolidation Mode

recent trading actions leaving the S&P in what looks to us like an orderly high level consolidation of the early November recovery rally. The fact that S&P is holding firmly above 2800, a level it has not breached since market broke down in early October, was pretty encouraging. Over the next few days, it will be important to monitor the retreat and rebound behaviors to determine whether recent breakout is decisive. We’d turn particular bearish if S&P fails to hold above 2760

SPDRs Report

Good Morning. This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for November 9, 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 […]