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
Day: October 4, 2019
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.