The move higher again on Wednesday has now recaptured just slightly more than 50% of what was lost on Monday. Normally that is a typical bounce from a large sell-off. Thursday will be the first day stocks will trade without being oversold. It should be more volatile.
Advance Decline Numbers Outlook for Thu May 16 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 May 15 2019.
Members should review the signals before markets resume trading.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Thu May 16 2019