Day: October 4, 2019

S&P in Short-term Reflexive Bounce

S&P rebounded nicely after recent pullback found support near the lower boundary of the green band. Our near-term work on price structure and momentum suggested that the index is in a short-term reflexive bounce. Nevertheless, traders will be looking for the index to close above 2943 before getting aggressively long again

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for October 4, 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.