Advance Decline Numbers Outlook for Fri Sep 4 2020
Thursday saw a wave of selling following new all-time highs on Wednesday in the S&P and NASDAQ indexes.
For Thursday tech stocks were the focus as most were pummeled by wide and at time ferocious selling.
On Friday we get the August unemployment numbers ahead of the long Labor Day weekend.
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 Thu Sep 3 2020. Tonight’s Market Breadth Indicator article is expanded following Thursday’s sell-off.
SPY Market Direction Trade Strategy Updates
There are further updates for the SPY Market Direction Trade Strategy and info for those who may wish to close the trade early.
This strategy is designed for investors seeking limited trading or with little time for trading, but looking for well above average returns and seeking more “hand holding” throughout the trade.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Sep 4 2020
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