Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Aug 8 2018

Tuesday saw indexes push higher again, but the close saw the highs given back as investors worried about oil sanctions against Iran and wondered about Tesla and Musk’s tweet about taking the company private. There was also news that some major advertisers including UniCredit of Italy had left Facebook advertising. Facebook which had pushed higher during the day to $188.30 turned lower and closed down 1% on the day at $183.81. Berkshire Hathaway Stock closed higher by 1.29% to $208.72. Other notable moves were Hertz which rose 243.6% to close at $19.53, Etsy closed up 3.3% to $43.84, Caterpillar rose 2% to $142.38 and Twilio rose 18.7% to $75.10 as news of the company turning profitable ahead of expectations for later this year, sent investors running into the stock.

Advance Decline Numbers Outlook for Wed Aug 8 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 8 2018.

There are changes in the market protection outlook along with trade updates including trades planned for Wednesday.

Members should review all the signals before trading resumes.

The market breadth indicator analysis and outlook is for FullyInformed Members.