Day: November 12, 2019

S&P in Orderly High Level Consolidation Phase

recent trading actions leaving the S&P in what looks to us like an orderly high level back-and-forth consolidation of the October rally. Technical pressures are building up as the market dances its way into an increasingly tight trading range. S&P’s 3060 marks the inflection point. A failure to hold above key level indicates a change in sentiment and a much deeper pullback should be expected

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for November 12, 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.