Day: November 6, 2019

S&P In Overbought Consolidation

recent trading actions leaving the S&P in what looks to us like an orderly high level back-and-forth consolidation of the October massive rally. There is a high probability that the upper and lower limit of a short-term trading range has been set between the 3035 and 3085 levels on the S&P. Short-term traders can anticipate continued volatility with rapid up and down moves in the markets

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for November 6, 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.