Wed Jan 24 2018 was finally a choppy day of trading reminiscent of days last January when markets headed higher and then gave back gains only to try to recover them. Concerns over everything from comments from Wilbur Ross to worries over a weaker dollar and rising bond yields were given as excuses for the day’s volatility. However in the end it was probably an extremely overbought market that has done little but gone straight up that probably was the primary reason for the wild ride on Wednesday. By the close the Dow was up, the S&P was unchanged and the NASDAQ dropped slightly.
Here is the Market Breadth Indicator outlook for Thu Jan 25 2018.
Members should review the Market Breadth Indicator to be aware of any changes and trade opportunities for Thursday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For Jan 25 2018
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