On Tuesday a number of events ended with investors flocking to the exits once again. My outlook had changed to bullish after Fed Chair Powell signaled a “softer” approach to interest rate increases along with a 90 day “tariff truce” with China while both countries worked out their differences on trade. That was obviously the wrong outlook, as Tuesday’s plunge proved.
Advance Decline Numbers Outlook for Thu Dec 6 2018
Thursday’s outlook is expanded as I look at the reasons for Tuesday’s collapse and the worries on investors’ plates.
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 Tuesday Dec 4.
Members should review all market breadth signals.
As well there were a number of trades done in the market protection section on Tuesday and further trades are planned for Thursday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Dec 6 2018