Thursday saw stocks open lower and fall below 2840 where stocks traded for two hours at the start before starting to recover. Into the lunch hour stocks rallied as expected but instead of selling off in the afternoon, they dipped slightly to 2860, found support and pushed back to close at the 2870 level.
Advance Decline Numbers Outlook for Fri May 10 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 May 9 20199.
There were major changes in the market breadth signals after the close on Thursday. Members should review these signals before trading resumes on Friday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Fri May 10 2019