Fed minutes on Thursday shook the rally. There were other factors as well but the big one was the Fed minutes which clearly indicated there is no change going forward with their outlook for interest rate increases.
The Fed plans another quarter point increase for December and three more in 2019. That news helped push the dollar higher and treasury yields rose. The rally stalled on Thursday.
Advance Decline Numbers Outlook for Fri Nov 9 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 8 2018.
There are further signals members should review tonight before markets open on Friday.
Members should review all market breadth signals and possible trades, before stock markets resume trading.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Fri Nov 9 2018
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