Tue Jul 31 2018 saw all 3 indexes rally back from the recent selling. After 3 days of selling, the S&P bounced back for a gain of 13 points.
The NASDAQ rose after 4 straight days of losses. The gain today of 41 points is a recovery of 10% of the 384 points lost over the past 5 trading days.
The question after markets closed on Tuesday was whether the rally on Tuesday was enough to convince investors to commit more capital. Apple stock should assist markets to move higher on Wednesday. Let’s take a look at the Market Breadth Indicators.
Advance Decline Numbers Outlook for Wed Aug 1 2018
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index for Wed Aug 1 2018.
The Market Breadth Indicator outlook for Wednesday also has changes to the market protection outlook.
Members should review all the signals before trading resumes on Wednesday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Aug 1 2018
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