Not a lot to report on for Mon Apr 22 2019. The S&P and NASDAQ traded in a tight range for the day. The S&P was almost entirely sideways except for a few minutes at the start and end of the day. It climbed just 3 points by the close. It did not however drop and that might be the signal that the index should break higher shortly. The problem however, is we are entering the end of the month of April which marks the best month for the S&P historically. May is usually a poor month for stocks.
Advance Decline Numbers Outlook for Tue Apr 23 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 Mon Apr 22 2019.
Members should review these signals as there are some further changes from Monday’s close.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Tue Apr 23 2019
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