while the near-term technical outlook remains bullish, given the looming resistance near S&P’s 2945, there is no big commitment to accumulate stocks aggressively at this point. What this means is that as the S&P inches into the area of key overhead resistance, aggressive sellers will most likely dips in their toes to see how the market reacts. So, we’d be cautious against taking large position at this stage
Day: September 3, 2019
This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for September 3, 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.