Friday was a half day and yet rather than trend sideways, stock moved lower in the final hour of trading losing just over half a percent on the S&P to close at 2632.56. This placed the index still above the important 2625 valuation but it did close on the low for the day which often sets up the following day for a bounce attempt.
Let’s review Friday’s half day and the third week of November’s closing market breadth numbers to see what the start of the final week of November may bring.
Advance Decline Numbers Outlook for Mon Nov 26 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 Nov 23 2018..
Members should review all market breadth signals. As well there were a number of trades done in the market protection section and more trades are planned for Monday and of the final week of November.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Nov 26 2018
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