S&P is overbought and due to consolidate. Nevertheless, the overall technical backdrop remains positive so pullback should be shallow and quick. With that said, while some backing and filling would not be a surprise, if the S&P could pause and hold above 2730 then a move above 2800 would be easier to be sustained
Day: February 14, 2019
This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for February 14, 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.