the fact that the S&P is overbought as it fast approaching key overhead resistance suggested that upside gains could be limited. As for strategy, we’d look to trim positions into overbought strength, which might take the S&P closer to 2880 before a significant pullback unfolds
This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for March 22, 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.