while several indicators remain supportive of further pullback, return of oversold conditions on an intraday basis will put a floor under the market. Like a rubber band, stocks tend to snap back to the mean if they have dropped too far from the “fair” value. With that said, if lower stock prices create some values for investors, then, given everything being equal, the market should be able to find some buyers
Day: November 15, 2018
This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for November 15, 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.