Thu Oct 10 2019 saw stock index futures showing a low opening before markets opened. Instead stocks opened and rose higher. By 11:00 AM the S&P was above 2940 and investors tried to push the index to 2950. That failed as volumes were low in the morning.
By 12:30 the S&P had slipped back below the 2940 valuation. From there is moved sideways stuck between 2930 and 2940. The close saw the index at 2938. Despite the afternoon sideways pattern, the S&P ended the day with a gain of almost 19 points marking a second straight positive day for the index. For the week, the index is still down 13.88 points.
Advance Decline Numbers Outlook for Oct 11 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 10 2019.
Members should review the signals before trading resumes on Friday. Make sure to read the historic outlook for this week.
Also members should review the Market Direction trade updates
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Oct 11 2019
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A morning dive in the markets brought in buyers in the afternoon who pushed back and closed the markets at their highs for the day. ....... Read More
Investors continued to stay nervous today and selling intensified. Tonight’s outlook is expanded in a number of key areas. Advance Decline Numbers Outlook for Thu ....... Read More