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 rising, investors were a bit concerned as they wait for further word on a China trade deal.
The MSCI’s gauge of global stock markets set a 21 month high on Tuesday and both the NASDAQ and Dow indexes saw new intraday highs. The S&P closed down slightly by 3 points to end that day at 3074.
Advance Decline Numbers Outlook for Nov 6 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 5 2019.
Members should review the changes for tonight before markets resume trading on Wednesday.
As well there were trades in the Market Direction Portfolio on Tuesday and more trades are planned for Wednesday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Nov 6 2019
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