Thursday was another day of the index struggling at the 3000 level. The early morning saw a jump to above 3005 but that was given back and by the noon hour the index was back below 2995. The afternoon was spent with the index still trying to break above 3000. The close saw the SPX falter and close below 3000 but up 8 points on the day to 2997. Friday is truple witching so we could see a lot of choppiness.
Advance Decline Numbers Outlook for Oct 18 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 17 2019.
Members should review these market breadth signals before trading resumes on Friday. Make sure to read the historic outlook for this week and members should review the Market Direction Portfolio trades and any updates.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Oct 18 2019
Monday saw another strong day of advances across all 3 indexes. Advance Decline Numbers Outlook for Tue Jul 7 2020 Here are the market breadth ....... Read More
Thursday July 2 saw all new highs again on the NASDAQ but a continual drop in buyers throughout most of the trading day ahead of ....... Read More
Wednesday saw the SPX and NASDAQ continue their advance but the Dow Jones index had trouble and closed negative. Advance Decline Numbers Outlook for Thu ....... Read More
Tuesday saw Monday’s rally extended. The day ended with the S&P and NASDAQ closing at the day’s high. Advance Decline Numbers Outlook for Wed Jul ....... Read More
Wednesday saw stocks fall in a broad retreat. Advance Decline Numbers Outlook for Thu Jun 25 2020 Here are the market breadth indicator signals along ....... Read More
Tuesday saw weakness in the mid-afternoon which pushed the index to it’s low of the day. It was still an up day, but the S&P ....... Read More
Monday was a rather choppy day but stocks pushed higher through most of the day and closed positive. The NASDAQ closed at a new all-time ....... Read More
Friday saw stocks under selling pressure right from the open. The day ended with slight losses of half a percent and the SPX down to ....... Read More