Friday was another day of investors worried about global growth slowing. While the signs of a slowing in global growth at present are few, investors are still worried that a recession looms for 2019. The media continues to be filled with doom and gloom for 2019 and that is still weighing on investors. This resulted in a drop of 1.9% with the S&P closing at 2599.95 or basically right at support which is at 2600. This is important support for the S&P and as such, any close below 2600 will be matched by further declines in the Dow and NASDAQ indexes.
Advance Decline Numbers Outlook for Mon Dec 17 2018
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 Fri Dec 14 2018 .
Members should review all market breadth signals before trading resumes on Friday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Dec 17 2018
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