Day: May 7, 2019

S&P in Short-term Consolidation Phase

several key technical indicators suggest that S&P is in a midst of a short-term consolidation phase. The fact that the index managed to hold on to most of recent gain despite overbought conditions, indicating an internal strength. This increases the probability that the S&P will break out from current trading range as soon as the market shakes off the excessive bullishness

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for May 7, 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.