S&P climbed above the lower boundary of the pink band, clearing an important hurdle. However, given looming resistance at the important sentiment 3000 mark, there is no big commitment to accumulate stocks aggressively until this resistance zone is eclipsed. As for strategy, traders should consider buying into short-term market dips rather than chasing breakouts
Day: October 16, 2019
This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for October 16, 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.