Day: December 7, 2018

S&P in Orderly Low Level Consolidation Phase

recent trading actions leaving the S&P in what looks to us like an orderly low level consolidation of the October massive selloff. The index is holding firmly above 2600, a level it has not breached since market reached an interim low in October. So unless there is a serious breach of this important support, we could be range bounce from here into the end of the year.

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for December 7, 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.