On Wednesday it was Fed Chair Powell who sunk stocks. On Thursday stocks rallied back and had recovered the losses only to have President Trump announce an increase in tariffs in the ongoing trade war with China. That sent stocks plunging. They closed lower than the prior day and broke the 2950 level intraday.
Advance Decline Numbers Outlook for Fri Aug 2 2019
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index from the close of trading on Thu Aug 1 2019.
Members should review the signals before trading resumes on Friday.
As well there were trades done in the Market Direction Portfolio on Thursday and there are more planned for Friday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Fri Aug 2 2019
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Market Breadth and Advance Decline Archive
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