Friday April 12 saw the S&P have it second best day of the month, pushing the index to close above 2900 at 2907. This is the highest close since Oct 3.
It was a solid day thanks primarily to better than expected results from JP Morgan Chase and the announcement of Disney’s new streaming service which sent the stock to its best single day move in 10 years.
Advance Decline Numbers Outlook for Mon Apr 15 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 Friday Apr 12 2019.
Members should review these signals as there are some further changes from Friday’s close. There are also a number of trades outlined for the next few days.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Apr 15 2019