Market Breadth Indicator – Advance Decline Numbers Outlook For Aug 22 2019

The S&P on Wednesday stayed trading within a tight range between 2928 and 2917. This keeps the index at the higher end of the past 10 days of trading on the S&P. You can see in the chart below that the index is having trouble breaking through 2930. It remains very overbought. With one day to go before Fed Chair Powell speaks, we could see the index a bit weaker on Thursday thanks to the 10 year bond yield dipping again which many investors and analysts believe is warning of a potential upcoming recession.

Spy Index 10 days to Aug 21 2019

Advance Decline Numbers Outlook for Aug 22 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 Wed Aug 21 2019.

Members should review the signals before trading resumes on Thursday.

There were no trades in the Market Direction Portfolio on Wednesday. There may be trades on Thursday depending on market action.

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

Market Breadth Indicator – Advance Decline Numbers Outlook For Aug 22 2019  

Market Breadth and Advance Decline Archive

Market Breadth Indicator – Advance Decline Numbers Outlook For Tue Apr 12 2022

Monday saw very steady losses with the majority of stocks on both New York and the NASDAQ falling. Semiconductors in particular as being hard hit ....... Read More

Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Apr 11 2022

Friday saw slightly losses on the S&P but another major down day for the NASDAQ. The past week was the worst for the NASDAQ since ....... Read More

Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Apr 7 2022

A second day of selling saw the S&P stage a late day comeback attempt. The NASDAQ though did not and it closed very bearish.  Here ....... Read More

Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Apr 6 2022

The selling on Tue Apr 5 2022 was caused primarily by three events. The first without doubt was comments from two Fed Presidents, Daly and ....... Read More

Market Breadth Indicator – Advance Decline Numbers Outlook For Fri Apr 1 2022

Thursday's sell-off culminated into heavier selling in the final hour and saw stock indexes close at the lows of the day. The extremely overbought rally ....... Read More

Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Mar 31 2022

Following Wednesday's lower close on all three indexes, the Market Breadth Indicator signals are providing a number of signals that investors should be aware of ....... Read More

Market Breadth Indicator – Advance Decline Numbers Outlook For Tue Mar 29 2022

For members, there are more signals tonight to be aware of before trading resumes. Looking at the Market Breadth Indicators and the Advance Decline numbers ....... Read More

Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Mar 28 2022

For members, the last week saw the rally continue with some decent gains in both the S&P and NASDAQ. There are signals though that investors ....... Read More

Load More