Wednesday saw investors initially mixed in their outlook after the Fed’s decision on interest rates. The first reaction was to sell the news. The second reaction was to buy back in and then a third reaction was to sell the news in a bigger way and break through 2990 on the downside. The push below 2990 saw low volume however so it was obvious there was no actual downside coming. That brought in buyers who turned around and pushed the index all the way back to where the day had started.
Advance Decline Numbers Outlook for Sep 19 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 18 2019.
Members should review the signals before trading resumes on Thursday. Make sure to read the historic outlook for this week.
Also members should review the Market Direction Portfolio changes 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 19 2019
There are some changes to the layout of the Market Breadth Indicator outlook starting today. Further changes are being implemented based on comments and ideas ....... Read More
The sell-off on Monday Dec 2 was sparked by a lower than expected ISM number. When markets began to sell, larger investors were repositioning for ....... Read More
Volume on Fri Nov 29 was low due to the half day of trading but the SPX opened higher and twice pushed above 3150. Low ....... Read More
While volume was low on Wed Nov 27 2019 due to the upcoming Thanksgiving holiday on Thursday, equities in general were surprisingly strong and investors ....... Read More
The day on Tue Nov 26 2019, saw stocks move higher again and reach another new intraday high. The new high was revisited at the ....... Read More
The day started on Friday with a slight jump which paced the S&P above the 3110 level. From there the index slipped lower reaching 3100 ....... Read More
Thursday Nov 21 started with the index dropping back to 3094.55 by 10:30 only to find ready buyers. For the remainder of the day the ....... Read More
Volumes picked up on Wednesday after reports that the likelihood of a trade deal with China being signed by mid-December seemed remote. President Trump reiterated ....... Read More