
Wednesday saw a second rally attempt that in the morning took the S&P to 2746.09 and the NASDAQ to 7610.67. Then selling emerged. The lunch hour saw a second rally attempt which failed to recover the morning high. That seemed to be the signal for sellers. It was almost a straight move lower for the index with the S&P closing at the day’s low, down 0.86% at 2699.63 and the NASDAQ down 1.54%.
Advance Decline Numbers Outlook for Thu Jun 28 2018
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index from Wed Jun 27 2018 and their outlook for stock markets for Thu Jun 28 2018.
Members should review the signals following another large decline on Wednesday. There are also changes in the market protection outlook.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Jun 28 2018
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