Investors took advantage of some “questionable” news on trade negotiations with China along with weaker than expected PMI numbers to take profits after the index set a new all-time high on Wednesday. The dips on Thursday found ready buyers. The weakness at present is just temporary.
Advance Decline Numbers Outlook for Nov 1 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 Thu Oct 31 2019.
Members should review the changes for tonight before markets resume trading on Friday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Nov 1 2019