Market Breadth Indicator – Advance Decline Numbers Outlook For Aug 21 2019

The S&P moved as anticipated on Tuesday although the end of the day drop was not expected. However considering investors are nervous for the upcoming Fed Minutes on Wednesday, a little selling in the last 5 minutes is not unexpected.

The stock market outlook technical indicators pointed to the likelihood that the index would close either slightly higher or slightly llower. However the Market Breadth Indicators were weaker and they expected a move to 2915 or 2910 and although 2900 was mentioned, it seemed unlikely Monday at the close. For Tuesday you can see that in the morning once the 2922 level failed to be broken through, the index fell lower. The 2915 valuation held the SPX in check until the afternoon. When it broke the rest of the afternoon saw little but selling. The last 5 minutes of trading is easy to see.

The close has the S&P back to 2900 to start off Wednesday.

SPX Intraday on Aug 20 2019

Advance Decline Numbers Outlook for Aug 21 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 Tue Aug 20 2019.

Members should review the signals before trading resumes on Wednesday.

There were some trades in the Market Direction Portfolio on Tuesday and more trades are planned for Wednesday.

  The market breadth indicator analysis and outlook is for FullyInformed Members.  

Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Aug 21 2019  

Market Breadth and Advance Decline Archive

Market Breadth Indicator – Advance Decline Numbers Outlook For Tue May 24 2022

Monday saw a technical bounce in the index, left over from Friday's new low and bounce. Looking at the Market Breadth Indicators can tell investors ....... Read More

Market Breadth Indicator – Advance Decline Numbers Outlook For Mon May 16 2022

Friday saw a strong day for stocks with both the S&P and NASDAQ pushing higher for most of the day and closing well off their ....... Read More

Market Breadth Indicator – Advance Decline Numbers Outlook For Thu May 5 2022

Wednesday saw a monster relief rally in the final hour and a half of trading. The Market Breadth Indicator outlook for Thu May 5 2022, ....... Read More

Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Apr 25 2022

Friday saw all indexes stage a large decline with selling dominating stocks. Few stocks were spared from the decline on Friday which only saw a ....... Read More

Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Apr 21 2022

Wednesday ended negative for both the S&P and NASDAQ but the Market Breadth Indicators are worth reviewing before trading resumes on Thursday. Tesla's earnings may ....... Read More

Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Apr 20 2022

Tuesday saw a strong rally adding 70 points to the index resulting in the best point gain since March 16. Unfortunately after hours Netflix stunned ....... Read More

Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Apr 18 2022

Thursday saw investors give back all of Wednesday's rally for both the S&P and NASDAQ. It was a particularly bearish day. Here are the Market ....... Read More

Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Apr 13 2022

Tuesday saw a rally attempt which lasted half an hour. From there sellers chased buyers lower until by the close the S&P was at its ....... Read More

Load More