Wednesday saw the worst pullback in the indexes since the Brexit results unnerved investors and we know how that ended.
All three indexes fell deeply on Wednesday, especially in the final half hour of trading as investors worry about the Trump Administration and the chance that his tax reform, health care and other items of his agenda will not move forward. In short, investors lost confidence in President Trump on Wednesday and they left the market as they locked in their gains from the rally.
Here is the market breadth outlook for Thu May 18 2017 as of the close of trading on Wed May 17.
....The market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For May 18 2017
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