Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Aug 16 2018

Wednesday saw a broad decline as investors worried further about the crisis with Turkey. Personally I think concerns are overdone but it is always best to trade what is happening, not what I think should be happening.

Wednesday saw the market dip deeply with the S&P down to the 7802 before recovering. The close was rather dramatic with all the indexes moving higher off the intraday lows. The S&P closed down 21.59 points to 2818.37.

As explained on Tuesday, Wednesday was going to be an important day for this week. With the selling rather heavy as you will see in the Market Breadth Indicators, Thursday will take on a new importance.

Advance Decline Numbers Outlook for Thu Aug 16 2018

Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index for Thu Aug 16 2018.

There are changes in the market protection outlook as trades are planned for Thursday.

Members should review all the signals before trading resumes.

  The market breadth indicator analysis and outlook is for FullyInformed Members.  

Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Aug 16 2018     

Market Breadth and Advance Decline Archive

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