Wednesday saw the markets try to stage a bounce but while volume rose, more sellers met buyers and the indexes had a tough time making any headway. One good thing though was the late day sell-off following the Fed’s interest rate decision was bought into and volume rose into the close helping to stem the tide of selling and end the day positive for all three indexes.
January was definitely one for the history books. The S&P ended the month with a 5.6% gain. The NASDAQ ended January with a 7.36% gain. Both are stellar returns in what was an amazing month for the bulls.
Here is the Market Breadth Indicator outlook for the first day of February.
Members should review the Market Breadth Indicator as there are significant changes after the past 3 days of turbulence.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For Feb 1 2018
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