S&P is at key technical juncture. It is testing formidable resistance from below. A failure to climb above key price level means that long-term buying pressure has finally been exhausted. On balance, we remain near term negative for S&P as we believe market vulnerable to some downside retracement over the short-to-intermediate term
Day: May 23, 2019
This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for May 23, 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.