Monday saw stocks bounce at the open. After the early morning bounce they drifted sideways until moving lower midway through the noon hour. However the low was 2649.97 which meant that the 2625 level and 2650 level were not broken. This brought in a round of fresh buying in the afternoon especially after reports of the President meeting with China’s Xi Jinping at the G20 meeting commencing Nov 30 and running until Dec 1.
With a lack of sellers the index continued to climb until it closed at 2673 just a point below the day’s high. Here are the closing Market Breadth Indicator stats for Mon Nov 26 2018 and their outlook for Tue Nov 27 2018.
Advance Decline Numbers Outlook for Tue Nov 27 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 Nov 26 2018.
Members should review all market breadth signals. As well there were a number of trades done in the market protection section on Monday and more trades are planned for Tuesday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Tue Nov 27 2018
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