For members, the past three days have seen strong gains across all indexes. The S&P has added in 238 points and the NASDAQ has gained an impressive 1033 points. The question is whether this is a technical bounce or a signal the correction bottomed and it working to are recover losses.
For that reason, I posted the Market Breadth Indicators on Thursday rather than the end of the week, to see what they can tell investors for the final day of the week. Will we get a fourth day of the rally?
The Market Breadth Indicator outlook is for both New York and the NASDAQ indexes.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Fri Mar 18 2022
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