Wednesday saw a monster relief rally in the final hour and a half of trading.
The Market Breadth Indicator outlook for Thu May 5 2022, reviews the closing signals following Wednesday’s close to try to see if Wednesday’s rally was an “all-clear” signal.
Here are the Market Breadth Indicator signals for the S&P and NASDAQ indexes for Thu May 5 2022.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Thu May 5 2022