Market Breadth Indicator – Advance Decline Numbers Outlook For Tue Dec 11 2018

Monday opened with stocks plunging as North America indexes followed Global markets lower. Fears of slowing global growth continue to worry investors. Apple Stock was the principal stock leading markets lower as Qualcomm won a preliminary ban on Apple’s older phones being allowed for sale in China. However with the stock falling to a low of $163.33 in the morning, buyers stepped back in. As Apple stock rose, buying became more widespread although financial stocks in general declined.

By the close on Monday, we had seen yet another plunge recovered, in what is becoming a familiar pattern of buying stocks on big dips and then selling them on the inevitable rally back up, all within the same day.

The S&P made a new correction low of 2583.23 on Monday, the lowest valuation reached so far in the correction which started at the beginning of October.

Advance Decline Numbers Outlook for Tue Dec 11 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 Mon Dec 10 2018 .

Members should review all market breadth signals before trading resumes on Tuesday, especially following another rally back from extreme correction lows.

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