This is Capital Essence’s CEM News – Market Outlook (the technical analysis of financial markets) for October 1, 2015.
…our “U.S. Market ETF Trading Map” rates the S&P as a Sell. In a normal stock market correction, in which the major indices fall around 10 to 20 percent from their most recent highs, there is often a subsequent re-test of the low hit in the first leg down. Wednesday’s bullish reversal in the S&P after it edged near its August low on Tuesday was potentially indicative…
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