Wednesday saw stocks already advancing before the Fed announcement on interest rates. The announcement of no interest rate hikes and a more accommodative stance, sent stocks higher in the second best day of the month.
Tonight’s Market Breadth Indicator outlook contains some personal opinions and well as an outlook longer than a couple of days. It discusses what I will be watching as we move forward into February along with how I will be approaching further trades.
Advance Decline Numbers Outlook for Thu Jan 31 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 30 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 31 2019
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