S&P’s 3100 Too Big And Too Important To Fall Quickly

near-term technical bias shifted to bearish following Monday selloff, signify a downward trend reversal. Nevertheless, it will be important to monitor the retreat and rebound behaviors near the important sentiment 3100 zone to determine whether breakouts are decisive. That level is too big and too important to fall quickly. It could help minimize downside follow-through and widespread breakdowns

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for December 3, 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.

S&P in Early Stage of Overbought Correction

based upon recent trading action, the S&P is in an early stage of an overbought correction. Although seemingly vulnerable to further short-term weakness, the overall technical backdrop remains positive so pullback will present a buying opportunity, while selling into strength may not be the best strategy in a market that is likely to bounce back

SPDRs Report

This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for December 2, 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.

Next Page » « Previous Page