The most important event on Thursday was the drop down to 2900 and the arrival of buyers who pushed the index back up to close at 2917. While this is still below the 2930 level it shows there are buyers present. The jobs numbers on Friday morning will be important for the market to hold above 2900 and build strength into next week.
Advance Decline Numbers Outlook for Fri May 3 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 2 2019.
There are changes following Thursday’s action that members should review 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 3 2019
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Market Breadth and Advance Decline Archive
Market Breadth Indicator – Advance Decline Numbers Outlook For Tue May 24 2022
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Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Apr 25 2022
Friday saw all indexes stage a large decline with selling dominating stocks. Few stocks were spared from the decline on Friday which only saw a ....... Read More
Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Apr 21 2022
Wednesday ended negative for both the S&P and NASDAQ but the Market Breadth Indicators are worth reviewing before trading resumes on Thursday. Tesla's earnings may ....... Read More
Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Apr 20 2022
Tuesday saw a strong rally adding 70 points to the index resulting in the best point gain since March 16. Unfortunately after hours Netflix stunned ....... Read More
Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Apr 18 2022
Thursday saw investors give back all of Wednesday's rally for both the S&P and NASDAQ. It was a particularly bearish day. Here are the Market ....... Read More
Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Apr 13 2022
Tuesday saw a rally attempt which lasted half an hour. From there sellers chased buyers lower until by the close the S&P was at its ....... Read More
