Wednesday saw a better bounce attempt but concerns over the spreading of the coronavirus and its impact on global economies continues to wear at investors and the rally was once again lost on Wednesday. Losses though were much smaller. News tonight of a new coronavirus case of what is presently unknown origins in California has stock futures down big, to start the day on Thursday. This could change before the open but now seems unlikely.
Tonight’s Market Breadth Indicator continues to look at the state of the decline and what is expected for Thursday.
Advance Decline Numbers Outlook for Thu Feb 27 2020
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 Wed Feb 26 2020.
There are changes again in the Market Breadth Indicator signals for members to view before markets resume trading and changes in the Market Direction Portfolio. New trades are also planned once again for Thursday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Feb 27 2020
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I had expected Thursday to be a down day and that didn’t happen. With many analysts of the opinion that the market is on the ....... Read More
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Thursday saw markets fall at the open but failed to reach Wednesday’s low. From there the day was spent climbing and closing positive on the ....... Read More