Market Close on Thu May 10 2018
For Thursday, stocks continued their advance. Once the index broke through 2700, it moved quickly higher but found resistance around the 2725 level. I had not expected it to reach this valuation until Friday. With the index now having recovered through strong resistance let’s look at the readings for Friday.
Advance Decline Numbers Outlook for Fri May 11 2018
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index from Thu May 10 2018 after another strong day for the bulls and their outlook for stock markets for tomorrow, Fri May 11 2018.
There are further changes in the signals which members should review before trading resumes.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Fri May 11 2018
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