Day: April 26, 2019

S&P in Orderly High Level Consolidation Mode

recent trading actions leaving the S&P in what looks to us like an orderly high level back-and-forth consolidation of the March impressive rally. There is a high probability that the upper and lower limit of a short-term trading range has been set between the 2940 and 2900 levels on the S&P. While the near-term technical backdrops favors a break to the upside it will be important to monitor the retreat and rebound behaviors to determine whether breakouts are decisive

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for April 26, 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.