Wednesday saw the S&P break the 3000 level on the expectations of a Fed rate cut following comments by Fed Chair Powell on the first day of his Congressional testimony. The index closed 7 points below 3000 at 2993.
Advance Decline Numbers Outlook for Thu Jul 11 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 Wed Jul 10 2019.
Members should review the signals before trading resumes on Thursday. As well there are trades planned in the Market Direction Portfolio for Thursday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Jul 11 2019