Friday saw the S&P rally intraday and then give the rally back in the afternoon. The index closed down 16.79 points after 3 days of gains.
A drop on Friday was not unexpected following 3 days of solid gains. The S&P closed at 2859.53.
Advance Decline Numbers Outlook for Mon May 20 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 May 17 2019.
The outlook includes a review of the past week.
Members should review the signals before markets resume trading. There are also new comments tonight in the State of the Rally and Trades Outlook sections.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Mon May 20 2019