
Thursday Nov 29 was all about “digesting” yesterday’s huge rally and the remaining minutes from the Fed. The S&P drifted sideways, slipping to a low of 2722 around 11:00 AM and a high of 2753 by 3:00 PM. It closed down just 6 points at 2737.76 which was rather remarkable considering the advance on Wednesday broke through several levels of resistance. Today there was limited selling even in the dips.
Here are the closing Market Breadth Indicator numbers from Thursday and the outlook for Fri Nov 30 2018.
Advance Decline Numbers Outlook for Fri Nov 30 2018
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 Nov 29 2018.
Members should review all market breadth signals. As well there were a number of trades done in the market protection section on Thursday which members should review.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Fri Nov 30 2018
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