S&P is in a midst of a short-term oversold relief bounce. Nonetheless, upside momentum does not appeared strong enough to generate widespread breakouts. What the bulls want to see is S&P stabilizes and climbs above the trend channel moving average. The longer the index stays below that level, the more vulnerable it is to lower prices
Day: August 19, 2019
This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for August 19, 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.