Friday saw the index trade basically flat as the market is overbought. The S&P closed up just 2.71 points to 2978.71 but is still above the important 2960 level. Friday’s close marked the second week in a row of the index closing higher. For the month of September, the S&P is ahead by 1.79% since the end of August and is up 18.82% for the year.
Advance Decline Numbers Outlook for Sep 9 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 Fri Sep 6 2019..
Members should review the signals before trading resumes on Monday. Make sure to read the historic outlook for the start of the second week of September.
Make sure to review the Market Direction Portfolio trades as well.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Sep 9 2019
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