Market Close on Tue May 22 2018
Just when investors thought issues with North Korea were going well, President Trump seemed to imply that the summit meeting with North Korea might not happen and that sent stocks tumbling lower. The Dow Index saw the biggest plunge falling 0.7% and closing back below 25,000. The 25,000 level has eluded the Dow for months and that continues to be the case.
So did today’s market drop impact the market breadth indicator signals? Let’s take a look and the outlook for Wed May 23 2018.
Advance Decline Numbers Outlook for Wed May 23 2018
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index from Tue May 22 2018 and their outlook for stock markets for tomorrow, Wed May 23 2018.
There are changes to the Market Breadth Indicator signals on Tuesday following the market drop in the afternoon which was particularly pronounced on the Dow Index.
Members should review signal changes before trading resumes on Wednesday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Wed May 23 2018
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