On Wed Aug 7 2019, stocks fell at the outset as investors worried about a currency war on top of a tariff war. The drop though failed to break below Monday’s low. That brought in buyers and the S&P rallied and closed slightly positive. The second rally since Monday’s decline was as impressive as the first. Thursday should see the S&P try to build off Wednesday’s rally.
Advance Decline Numbers Outlook for Thu Aug 8 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 7 2019.
Members should review the signals before trading resumes on Thursday..
As well there were trades done in the Market Direction Portfolio on Wednesday and there are more planned for today.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Aug 8 2019
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