Tuesday saw the index get ahead of itself. The S&P is already overbought and on Monday it tried to push through sellers to move to 2790. It was great to see but sellers pushed back and the index closed at 2780 which was the goal for today.
Advance Decline Numbers Outlook for Wed Feb 20 2019
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 Tue Feb 19 2019.
Members should review the Market Breadth Indicator signals before trading resumes. There are changes in some signals that members should be aware of 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 Feb 20 2019
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