The day saw the index open higher and sell down to the 2800 level which brought in buyers. A lot of investors missed the rally on Tuesday and used today’s dip to enter some positions. Volume was lower but market breadth was fairly good. The close saw a 22 point gain for the S&P. This marked the best two-day rally outside of January for the S&P. The S&P is back up 12.7% for the year of of the close today.
Advance Decline Numbers Outlook for Thu Jun 6 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 Jun 5 2019.
Members should review the signals after the rally continued on Wednesday, before markets resume trading.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Jun 6 2019
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