Wednesday was all about a “knee-jerk” reaction by investors to more tariffs being piled on to Chinese exports as fear grows among some investors that a global trade war could erupt which could lead to a downturn in economic activity and a possible recession. Investors dumped stocks throughout the day with the heaviest being shortly after 2:00 PM when the S&P index fell to 2770.77. It closed just off the low at 2774.02, down 19.82 for a loss of 0.71%.
Advance Decline Numbers Outlook for Thu Jul 12 2018
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index for Thu Jul 12 2018.
There are further changes in the Market Protection Outlook for Thursday that should be reviewed by members before trading resumes.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Jul 12 2018