Market Breadth Indicator – Advance Decline Numbers Outlook For Tue Oct 16 2018

Markets on Monday were caught in a roller coaster ride staying within a trading range between 2750 which is support and 2770 which currently is resistance.

With investors worried about everything from Saudi Arabia to China to earnings, many stayed on the sidelines. This is a big week for the markets with Netflix reporting earnings on Tuesday which could set the trend for the next several weeks.

After hours Adobe restated their outlook for 2018 which sent the stock higher and pushed futures for Tuesday higher. However there is a long time before markets reopen on Tuesday at 9:30. Futures usually change many times before markets begin trading again.

Advance Decline Numbers Outlook for Tue Oct 16 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 Oct 15 2018.

There were changes in the Market Breadth Indicator signals for Tuesday.

There were trades on Monday in the market protection section 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 Oct 16 2018         

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