{"id":66731,"date":"2018-11-19T00:03:07","date_gmt":"2018-11-19T05:03:07","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=66731"},"modified":"2018-11-21T00:25:00","modified_gmt":"2018-11-21T05:25:00","slug":"limits-to-sp-correction","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2018\/limits-to-sp-correction.html","title":{"rendered":"Limits to S&#038;P correction?"},"content":{"rendered":"<p>\n(The Technical Analyst) The S&#038;P has undergone a significant shift in sentiment but the 2500 level may provide key support, according to George Davis, Chief FIC Technical Analyst at RBC Capital Markets. Davis points out that the recent S&#038;P selloff has taken it below the 55, 100 and 200-day moving averages and below the long-term ascending channel from late 2015 (see Chart 1). Moreover, selling intensity increased dramatically after the 200-day moving average was pierced (see lower pane Chart 1), confirming a major change in sentiment.<\/p>\n<p><a href=\"https:\/\/www.technicalanalyst.co.uk\/2018\/11\/limits-to-sp-correction\/\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(The Technical Analyst) The S&#038;P has undergone a significant shift in sentiment but the 2500 level may provide key support, according to George Davis, Chief FIC Technical Analyst at RBC Capital Markets. Davis points out that the recent S&#038;P selloff [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-66731","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=66731"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66731\/revisions"}],"predecessor-version":[{"id":66732,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66731\/revisions\/66732"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=66731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=66731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=66731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}