Tribeca Trade Group Weekly Commentary Newsletter March 10, 2019

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Includes: AAPL, ASHR, BIBL, BSV, CHGX, CRF, CYBR, DDM, DIA, DMRL, DOG, DUSA, DXD, DXJ, EDOW, EEH, EGPT, ENZL, EPHE, EPI, EPS, EPU, EQL, ESGL, EUFN, EWA, EWD, EWJ, EWK, EWM, EWO, EWW, EWY, FEX, FM, FN, FWDD, FXI, GDX, GREK, GSEW, HUSV, IBB, IEFA, IGV, IJR, ITA, ITB, IVV, IWL, IWM, IYR, IYT, IYZ, JHML, JKD, JNK, KBE, KRE, KSA, KWEB, LPSN, LQD, MDY, MUB, NGE, NRG, OMFS, OTPIX, PAYC, PGAL, PMOM, PPLC, PSQ, QID, QLD, QQEW, QQQ, QQQE, QQXT, QSR, RHYGX, ROBO, RSP, RVRS, RWM, RYARX, RYRSX, SCAP, SCHX, SDOW, SDS, SFLA, SH, SHYMF, SLX, SMLL, SPDN, SPLX, SPSM, SPUU, SPXE, SPXL, SPXN, SPXS, SPXT, SPXU, SPXV, SPY, SQQQ, SRTY, SSO, SYE, TAN, TEAM, THD, TLT, TNA, TQQQ, TTD, TWLO, TWM, TZA, UAE, UDOW, UDPIX, UPRO, URTY, USA, USMC, UWM, VEEV, VFINX, VGSH, VNM, VOO, VTWO, VV, WDAY, WWE, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY, XME, XOP, XRT, ZF
by: Christian Fromhertz
Summary

The S&P lost the momentum of ’19 rally including the 5-day and 20-day MA, but importantly, it held support on Friday.

Transports saw the longest losing streak (12 days) since 1972!

Watch these support levels in S&P futures, IWM and IYT next week closely and look for a bounce or breakdown.

US Equity ETFs saw larger outflows -$6.3 billion last week (+$1.7 billion previous week). Overall International ETFs continue to be quieter and saw inflows of+$0.4 billion (-$0.6 billion previous week) and Fixed Income ETFs saw outflows of-$0.9 billion (+$0.5 billion previous week) last week.

Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.