Day: September 10, 2019

S&P in Orderly High Level Consolidation

recent trading actions leaving the S&P in what looks to us like an orderly high level consolidation of last week’s bullish breakout. The index is holding firmly above the trend channel moving average, a level it has not breached since market broke down in late July. This is a positive development, increased the probability that the S&P will break out to new highs as soon as the market shakes off excessive bullishness

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for September 10, 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.