Monday saw a technical bounce in the index, left over from Friday’s new low and bounce. Looking at the Market Breadth Indicators can tell investors whether this is the start of a bigger rally, or just a one or two-day bump before stocks move lower again.
Here are the Market Breadth Indicator signals for the S&P and NASDAQ indexes for Tue May 24 2022.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Tue May 24 2022