Day: May 3, 2019

S&P’s 2900 is the Line in the Sand

recent trading actions suggested that market had finally reacted to overbought conditions. While more backing and filling would not be a surprise, if the S&P could hold above 2900 then a test of the important sentiment 3000 mark would be easier to be achieved. With that said, 2900 is the line in the sand. A close below that level would see a massive pick up in volatility

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for May 3, 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.