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 Trump that indicated that while a trade deal might be close, he seemed in no rush to sign. The President’s speech to The Economic Club of New York gave no new information on a trade deal but instead seemed to be more a re-election speech. On Wednesday investors get to hear Fed Chair Powell present to Congress his outlook for the economy. By the close tthe NASDAQ and SPX indexes were higher but well off the highs of the day.
Advance Decline Numbers Outlook for Nov 13 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 Tue Nov 12 2019.
Members should review the changes, before markets resume trading on Wednesday.
As well there were trades in the Market Direction Portfolio on Tuesday and more trades are planned for today.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Nov 13 2019
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