Tuesday saw a rally attempt which lasted half an hour. From there sellers chased buyers lower until by the close the S&P was at its lowest level since March 18 and the NASDAQ since March 17 and that may prove to be a good thing as members can read tonight in the Market Breadth Indicator outlook for tomorrow.
Here are the Market Breadth Indicator signals for the S&P and NASDAQ indexes for Wednesday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Apr 13 2022