market internal deteriorated as S&P struggled to get pass the trend channel moving average. Monday’s weakness had improved the posture of our short-to-intermediate indicators, which remain supportive of a pullback. The longer the index stays below 2939, the more vulnerable it is to lower prices
This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for August 13, 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.