Day: August 20, 2019

S&P in Reflexive Bounce

S&P tested and held support at the green band, or oversold zone. Our near-term work on price structure and momentum suggested that the index is in a reflexive bounce. Traders will be looking for the index to close above the trend channel moving average before getting aggressively long again

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for August 20, 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.