Market Outlook

This is Capital Essence’s CEM News – Market Outlook (the technical analysis of financial markets) for September 24, 2015.

…our “U.S. Market ETF Trading Map” rates the S&P as a Sell. So far, there was no downside follow-through to Tuesday’s bearish breakdown from the 4-week triangle formation. Money Flow measure trended lower from below the zero line as short-term momentum entered oversold zone, suggesting market internal has deteriorated…

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