Friday saw slight losses but on declining volume which shows a lack of concern for the rally by investors. This week the Fed makes its latest decision on interest rates known. The majority of analysts expect a rate cut this week.
Advance Decline Numbers Outlook for Mon Jun 17 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 Fri June 14 2019.
As well tonight’s market breadth outlook for Monday includes a review of the NASDAQ and S&P for the prior week.
Members should review the signals before trading resumes on Monday
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Jun 17 2019
More new closing highs on Friday with the S&P closing at the high of the day, 3120.46 on rising volume. The NASDAQ closed at its ....... Read More
On Thu Nov 14 2019 the index ended the day with another new closing high but failed to recover the new intraday high made on ....... Read More
The indexes climbed higher again on Wednesday. The S&P made a new all-time closing high, while the NASDAQ closed down slightly. It was Disney that ....... Read More
Tuesday saw the indexes bounce higher at the open, make all new highs and then give back much of the rally on comments from President ....... Read More
Friday saw new all-time highs again in the indexes. The final 15 minutes of trading saw high volume and a push still higher. Advance Decline ....... Read More
Thu Nov 7 2019 saw indexes jump to all-time highs across all 3 indexes on reports that further trade negotiations were positive with China. The ....... Read More
Tuesday Nov 5 saw the indexes face some resistance to a move higher as spikes found sellers waiting. With the dollar rising and crude oil ....... Read More
Monday saw all 3 major indexes move to new all-time highs again and close at new highs. Much of the movement up was caused by ....... Read More