S&P broke key support Wednesday, signify a bearish trend reversal. Nevertheless, it will be important to monitor the retreat and rebound behaviors to determine whether breakouts are decisive. Right now follow-through is the key. A close below 2750 this week would see a pickup in near-term volatility and bring the trend channel moving average, currently at 2666, into view
Day: March 8, 2019
This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for March 8, 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.