Thur Mar 29 2018 Review
The up signal that MACD issued late afternoon on Wednesday held up throughout Thursday. Stocks rose through the day and managed to retake 2650 to ward the end of the day before closing back below it. There was no sell signal generated at the close on Thursday. The market was extremely oversold going into Thursday but the close still looked more like a bounce than the start of a new rally.
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index on Mar 29 2018 and their outlook for stock markets for Mon Apr 2 2018.
Members should review the Market Breadth Indicators to be prepared for trading resumption on Monday, the first trading day for April.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For Mon Apr 2 2018
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