The market last week was extremely oversold by Friday.
There were by even Wednesday last week, strong signals that the market direction down was going to see a bounce as investors by the end of Wednesday has pushed volume both Tuesday and Wednesday to above 4 billion shares traded. Thursday and Friday were both days when signals began to change, advising investors that a bounce was in the works.
However it took polls that shows Mrs. Clinton was still in the lead and would probably win the Presidency to bounce stocks for one of the strongest bounces of 2016.
Market Breadth Outlook For Nov 8 2016
Here is the Market Breadth Indicator signals from Nov 7 and their outlook for Tuesday Nov 8 2016.
….The rest of the market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For Nov 8 2016
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