S&P broke above the lower boundary of the red band Monday, signified extreme overbought conditions. This is a short-term negative development, suggesting that a short-term correction could be in the wings. Nevertheless, with Money Flow measure above the zero line the path with least resistance remains higher. With this in mind, we’d look to increase upside exposure into short-term market dips
Day: November 5, 2019
This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for November 5, 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.