Day: February 7, 2019

S&P in a Midst of Short-term Consolidation Phase

several key technical indicators suggest that S&P is in a midst of a short-term consolidation phase. The fact that the index managed to hold on to most of recent gain in the face of such extreme overbought condition, indicating an internal strength. This increases the probability that the S&P will break out from current trading range as soon as the market shakes off excessive optimism

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for February 7, 2019. 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.