S&P shifted to consolidation mode after the September rally ran out of steam near the important sentiment 3000 mark. While momentum remains favorable over the short to intermediate term, the bulls need to hurdle and sustain above 3000. The longer the index stays below that level, the more vulnerable it is to lower prices. This is the real danger in the current market
Day: October 17, 2019
This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for October 17, 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.