Monday’s outlook was for a slightly negative or slightly positive close but no big drop and no big rally. Instead the day was to build a bit of strength after 4 straight days of losses for the first week of September.
Monday opened higher and saw a number of dips and rallies including a fairly large dip near the close and then a quick spike to end the day slightly positive for both the S&P and NASDAQ. Considering stocks like Apple were moving lower, Monday actually ended up in a reasonably good spot to begin to build momentum back to the upside. Let’s look at the Market Breadth Indicators at the close of trading on Monday to see what we might expect on Tuesday.
Advance Decline Numbers Outlook for Tue Sep 11 2018
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index for Tue Sep 11 2018.
There was a trade in the market protection outlook which members should review before trading resumes on Tuesday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Tue Sep 11 2018
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