Tuesday saw sideways movement in the indexes aside from the NASDAQ that continued its advance, ending the day with another new all-time closing high.
The Dow continues to have trouble with the 21,000 level and closed below it.
Losses were very small on the S&P and Dow Jones indexes as investors largely ignored the “politics” in Washington. Instead investors seem focused on the earnings season as on average, the earnings are now the best they have been since 2011.
Here is the market breadth outlook for Wednesday May 17 2017 as of the close of trading on Tue May 16 2017.
....The market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For May 17 2017
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