Monday saw a new all-time intraday high and a new closing high. The day though was rather sedate with the SPX index falling no lower than 3032 and rising to 3044 for a trading range of just 12 points. The VIX fell to 12.66 but then moved up to 13.11 by the close which is up by 3.6% from Friday’s close. This indicates some nervousness among investors as the week unfolds toward a highly anticipated interest rate cut and Friday’s October jobs numbers. Overall the day was positive and total trading volumes were quite good.
Advance Decline Numbers Outlook for Oct 29 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 Mon Oct 28 2019.
Members should review the changes for tonight before markets resume trading on Monday. As well members should review the new Market Direction Portfolio signals as new trades are planned for Tue Oct 29 2019.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Oct 29 2019
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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
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Wednesday saw a dramatic drop in stocks in the final hour of trading. Advance Decline Numbers Outlook for Thu Jun 18 2020 Here are the ....... Read More
Monday saw a dramatic recovery from a steep morning sell-off. Tuesday looks steady to continue the advance. Advance Decline Numbers Outlook for Tue Jun 16 ....... Read More