Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Nov 29 2018

In a dramatic about turn, Fed Chair Powell seemed to have figured out that continuing on his hawkish stance could result in the Fed causing a recession by choking off growth through continual interest rate increases. Rather than being known as the Fed Chair who ended the longest bull market in history and best lowest unemployment rate possibly in more than 60 years, Powell “blinked” as it were and softened his stance and outlook. Gone was the hawkish tone from October and early November which sent stocks falling into the worst correction of 2018 and threatened to end the bull market from 2009.

Here are the closing Market Breadth Indicator numbers from Wednesday and the outlook for Thu Nov 29 2018.

Advance Decline Numbers Outlook for Thu Nov 29 2018

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 Nov 28 2018.

Members should review all market breadth signals. As well there were a number of trades done in the market protection section on Wednesday and more trades may occur on Thursday.

The market breadth indicator analysis and outlook is for FullyInformed Members.