Thursday saw the S&P within a handful of points of the old record high but volumes were low and buyers could not gain any traction. With light selling continuing throughout the afternoon buyers stepped back and the index closed back at the prior day’s close. Overall the S&P was flat and the NASDAQ gains a handful of points.
Advance Decline Numbers Outlook for Sep 20 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 Sep 19 2019.
Members should review the signals before trading resumes on Friday. 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 20 2019