Tue Feb 20 2018 was the first day back after President’s Day weekend and historically this has been a rough day and a rough week for stocks. Today didn’t disappoint historians. The day was very choppy with wide moves both to the upside and the downside. By the close of the day the S&P had slipped to close near the lows of the day at 2716.26 for a loss of 0.58%. The NASDAQ fared better and spent most of the day in positive territory but by the close it had slipped slightly to end down 5.16 to 7234.31.
So is this a single day event or the start of more volatility and a give back of the rally from the prior week?
Here’s the Market Breadth Indicator outlook for Wed Feb 21 2018. Let’s see what it can tell us.
Members should review the Market Breadth Indicator as there were changes in the market breadth indicators after the trading on Tue Feb 20 2018 .
The market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For Wed Feb 21 2018
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