I am not a big believer in “fate” but you have to admit its amazing how just as the market enters the worst month (Feb) of the best 6 months, investors are hit with an unknown entity, the coronavirus. How it may or may not impact the economy and bottom lines of most companies is hard to judge but here we are, entering February which has a poor history for stocks. With stocks heavily overbought, investors now face a market which could move down to 3000.
Advance Decline Numbers Outlook for Mon Feb 3 2020
Here are the market breadth indicator signals along with advance decline numbers from the New York Stock Exchange and NASDAQ from the close of trading on Fri Jan 31.
There are significant changes in the Market Breadth Indicator signals for members to view before markets resume trading.
Members should also check the Market Direction Portfolio changes for updates.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Feb 3 2020
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