Wednesday saw the S&P reach the 2625 level but was unable to hold it. Sellers pushed back and the index slipped to close up just 6 points at 2616.10 but it was the second day the index closed above 2600. Today also marked the first day since Dec 4 that the index managed to reach the 21 day moving average.
Advance Decline Numbers Outlook for Thu Jan 17 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 Wed Jan 16 2019.
Members should review all market breadth signals before trading resumes on Thursday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Jan 17 2019
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Market Breadth and Advance Decline Archive
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Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Apr 18 2022
Thursday saw investors give back all of Wednesday's rally for both the S&P and NASDAQ. It was a particularly bearish day. Here are the Market ....... Read More
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Tuesday saw a rally attempt which lasted half an hour. From there sellers chased buyers lower until by the close the S&P was at its ....... Read More
