Tue Mar 27 2018 Review
The day started off well for stocks with most stocks rising and the indexes along with them. There was a dip at 10:30 which many investors worried over but the market came back strongly and pushed higher move above the 2670 level to almost reach 2675. But it was the afternoon that saw the plunge in equities. It began on the NASDAQ as many tech stocks began to pullback after NVIDIA announced plans to suspend their driverless car testing. Facebook then started to weaken and within minutes tech stocks were tumbling. By the close the NASDAQ had lost 212 points and the S&P had fallen to 2596 before closing at 2613 just above the important 2600 level.
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index for Wed Mar 28 2018 and their outlook for stock markets for Wed Mar 28 2018.
Members should review the Market Breadth Indicators to be prepared for trading resumption on Tue Mar 27 2018.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For Tue Mar 27 2018
Members can sign in to the full members site here
Become a member. Join here, read comments, review benefits