Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Nov 28 2018

Tuesday Nov 27 saw stocks start the day lower as word of the potential for further tariffs as well as plans by GM to close plants weighed heavily on investors. But as the day wore on the indexes failed to continue the decline and instead struggled back.

Comments from White House Economic Advisor Larry Ludlow offered some hope that the upcoming meeting between President Trump and China’s President Xi Jinping at the G20 summit this week could result in finding some common ground on trade. That though remains fairly doubtful considering comments from China’s leadership. But it was enough to assist the markets in ending the day higher with the Dow recovering to close up 108 point and the S&P up 8 points. The NASDAQ closed flat on the day.

Here are the closing Market Breadth Indicator numbers from Tuesday and the outlook for Wed Nov 28 2018.

Advance Decline Numbers Outlook for Wed Nov 28 2018

Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index from the close of trading on Tue Nov 27 2018.

Members should review all market breadth signals. As well there were a number of trades done in the market protection section on Tuesday and more trades may occur on Wednesday.

The market breadth indicator analysis and outlook is for FullyInformed Members.