We knew the chance of a bounce from the NASDAQ on Monday was not high. However overall I did not think the selling on Monday was anywhere nearly as dramatic as Friday. There was little sense of a panic, which was seen on Friday.
Instead all three indexes spent the day in negative territory but losses were small on the S&P and the Dow. Even the NASDAQ saw just half a percent drop, which was much better than Friday’s plunge.
Here is the outlook for Tuesday Jun 13 2017 for the S&P and NASDAQ indexes as seen from the Market Breadth Indicator readings from Mon Jun 12 2017.
....The market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For June 13 2017
Members can sign in to the full members site here
Non-members can join here, read members comments, review membership benefits
Review All Market Breadth Articles
Market Direction Internal Links
Profiting From Understanding Market Direction (Articles Index)