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
Day: September 26, 2019
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.