The rally higher on Tuesday was a result of information from the CDC that the infection rate is slowing along with the number of deaths. As well analysis claiming that SARS was worse seemed to also help to calm the market.
By the end of the day all 3 indexes were considerably higher with the NASDAQ closing at a new all-time high.
Advance Decline Numbers Outlook for Wed Feb 5 2020
Here are the market breadth indicator signals along with advance decline numbers from the New York Stock Exchange and NASDAQ from the close of trading on Tue Feb 4 2020.
There are some changes in the Market Breadth Indicator signals for members to view before markets resume trading along with a sector I am planning trades in for Wednesday.
Members should also check the Market Direction Portfolio changes for updates.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Feb 5 2020
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