
Market Close on Thu May 3 2018
On Thursday the S&P tumbled to below 2600 for the lowest intraday dip since April 6. The drop below 2600 brought in buyers who pushed back and managed to close the S&P at 2629.73 for a drop of 5.94 points on the day.
What was even more impressive was the Dow Jones Index which was down 392 points managed to roar back and closed positive on the day, up 5.17 to 23,930.15.
The question is how long will buyers keep snatching up stocks on these dips. Let’s look at the closing Market Breadth Indicators from Thu May 3 2018 and see what Friday may look like.
Advance Decline Numbers Outlook for Fri May 4 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 3 2018 and their outlook for stock markets for Fri May 4 2018 .
Members should review the Market Breadth Indicators before trading resumes.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Fri May 4 2018 .
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