Day: April 25, 2019

Path With Least Resistance Remains Higher As Long As S&P Holds Above 2900

S&P shifted to consolidation mode after the late March rally stalled at the lower boundary of the red band. Market internal has weakened but downside momentum does not appeared strong enough to generate widespread breakdowns. While seemingly vulnerable to some short-term weaknesses, the path with least resistance remains to the upside as long as the index holds above 2900

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for April 25, 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.