last week’s recovery rally pushed the S&P up against the overhead resistance at the 2750-2760 zone. This resistance zone is too big and too important to fall quickly, so should not be surprised to see some backing and fillings over the next few days. Technically speaking, the longer the index stays below that level, the more vulnerable it is to lower prices
Day: November 19, 2018
This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for November 19, 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.