oversold conditions have returned on an intraday basis so a bounce cannot be ruled out this week. However, short-term momentum remains weak, and more climactic selling is needed to bring market internal measures to oversold extremes, therein signaling a tradable low. With this in mind, we’d look to reduce exposure into intraday rallies
Day: August 6, 2019
This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for August 6, 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.