Day: September 26, 2019

S&P must Hurdle and Sustain above 3000 to Strengthen the Bull case

there is currently a test of support at the trend channel moving average, near S&P’s 2950. The market is no longer overbought following recent pullback but momentum is not favorable over the short to medium-term. What the bulls want to see is S&P stabilizes and climbs above 3000. The longer the index stays below that level, the more vulnerable it is to lower prices

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for September 26, 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.