Advance Decline Numbers Outlook for Oct 29 2020
On Wed Oct 28 2020 sellers took charge again and sent the S&P down 119 points to close at 3271 near the lows of the day which were 3268. In so doing, investors left the S&P negative for the month of October and left the market extremely oversold and probably set to rebound.
The NASDAQ fell 426 points to end the day at 11,004. The index is now negative for October but still up 22% on the year.
Here are the market breadth indicator signals along with advance decline numbers from the New York Stock Exchange and NASDAQ from the close of trading on Wed Oct 28 2020.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Oct 29 2020