The second trading day of the New Year saw a calmer market as investors awaited the outcome of the Georgia run-off elections. By the end of the day the S&P was up 26 points to 3726.86 and the NASDAQ rose 120 points to 12,818.
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 Jan 5 2021.
Also included is a trade idea I will be setting up on Wed Jan 6 2021.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Jan 6 2021