Today started with a bounce and moved higher to close at 3000.93. It was actually an impressive day for the bulls. Below is the 5 day MACD histogram (Moving Average Convergence / Divergence). You can see that last Thursday was actually stronger than today. As well Friday to Tuesday has seen negative histogram readings which confirms that much of the action since last Thursday was sideways.
Advance Decline Numbers Outlook for Sep 12 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 Wed Sep 11 2019.
Members should review the signals before trading resumes on Thursday. Make sure to read the historic outlook for today.
Also members should review the Market Direction Portfolio changes from Wednesday and review the trades that are planned for Thursday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Sep 12 2019