Thursday saw stocks give back much of the week’s rally when investors got word that the White House may move ahead with tariffs on $200 billion of Chinese goods entering the country. This is not a new issue but one that has continued to concern investors each time it is mention. Part of the reason for the sell-off was investors’ perception that issues with China were going to be resolved. On Thursday it appeared they might not be and that sent stocks lower.
Advance Decline Numbers Outlook for Fri Aug 31 2018
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index for Fri Aug 31 2018.
The market protection outlook has also been updated for Friday and trades are planned.
Members should review all the signals before trading resumes.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Fri Aug 31 2018
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