Stocks had a rough day on Tuesday following Monday’s massive gain. Some selling was to be expected but in the afternoon when the 10 year Treasury rose to 1.6% many investors hit the sell button and indexes tumbled into the close.
The S&P ended the day at the low point closing down 31 points at 3870 losing about a third of Monday’s rally.
The NASDAQ dropped 230 points wiping out 58% of Monday’s rally to close at 13,358.
Here is the Market Breadth Indicator outlook and trades being watched for Wed Mar 3 2021 after the close of trading on Tue Mar 2 2021
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Mar 3 2021