Market Close on Tue Jun 12 2018
With the North Korea – US Summit over, investors were unsure how to react. The opening ended up being the close.
The S&P jumped to an opening high of 2787.56 and then dipped back slightly before rallying into the lunch hour to try to re-take 2790. This failed and the index drifted until 2:00 PM when selling pushed the index down to test for support at 2780. That support held and the index bounced back in the final hour to close at 2786.85 about 1 point below where the day started. All in all it was a sideways day.
Advance Decline Numbers Outlook for Wed Jun 13 2018
Tomorrow is all about the Fed’s decision on interest rates. Members should review the Market Breadth Indicator outlook to be prepared for potential trades.
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index from Tue Jun 12 2018 and their outlook for stock markets for tomorrow, Wed Jun 13 2018.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Jun 13 2018.