August is known for its sell-offs and today marked the second sell-off in a week. Today was the second biggest sell-off this year for both the S&P and the Dow. Selling starting in the morning and a mid-morning rally attempt fizzled out. Buyers then moved lower and stocks followed them. Volume was light considering how big the drop was.
Here is the outlook for the S&P and NASDAQ indexes for Fri Aug 18 2017 as viewed by the advance decline numbers from the close of trading on Thursday Aug 17 2017.
....The market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For Aug 18 2017
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