Light volume on Friday Dec 27 ended the week on a positive note with new intraday highs but a flat close. Overall for the week though, volume was among the lowest even taking the usual Christmas holiday period into account over the past several years.
The S&P closed at 3240 but intraday reached 3247.93.
The NASDAQ closed above 9000 for the second time, ending at 9006 but intraday it reached 9052.
Advance Decline Numbers Outlook for Dec 30 2019
Here are the market breadth indicator signals along with advance decline numbers from the New York Stock Exchange and NASDAQ from the close of trading on Dec 27 2019.
There are changes in the Market Breadth Indicator signals for both the SPX and NASDAQ indexes for members to view covering both Monday Dec 30 and Tuesday Dec 31. These changes should be reviewed before markets resume trading.
Members should also check the Market Direction Portfolio changes for updates. Following trades on Friday, this portfolio is up 123% since inception on Oct 12. Trades are planned for Dec 30 2019 .
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Dec 30 2019
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