Day: October 28, 2019

S&P Breakouts Might Not Sustain

S&P is at key technical juncture. Current rally is testing formidable resistance near 3030. While the near-term technical bias remains bullish, retuned of overbought conditions together with the lagging Money Flow measure do not favor a sustain break to the upside. As for strategy, we’d look to buy into short-term dips rather than chasing breakouts

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for October 28, 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.