We had another sideways day on Thursday. The Dow Index was by far the better performer. It had a rather wild day swinging from large gains to large losses and then back positive to end the day.
By and large most investors were waiting for the Fed Chair on Friday. He speaks starting at 10:00 AM EST. Members should make sure to read the monthly Latest Outlook.
Advance Decline Numbers Outlook for Aug 23 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 a number of trades in the Market Direction Portfolio on Thursday and I am expecting to do more trades on Friday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Aug 23 2019
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