Thursday saw stocks open weak and then build strength to move above the 2700 valuation. It was also the last trading day of January 2019. For the month the results were impressive with the NASDAQ recovering all of December’s loss, rising 9.7%. The S&P rose 7.8% which is impressive but it did not recover all the 9% loss seen in December.
Advance Decline Numbers Outlook for Fri Feb 1 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 Thu Jan 31 2019.
Members should review all market breadth signals before trading resumes with the start of a new month.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Fri Feb 1 2019
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