For members, the last week saw the rally continue with some decent gains in both the S&P and NASDAQ. There are signals though that investors should be aware of to start the week that offer some reasons to stay cautious and protected.
Looking at the Market Breadth Indicators and the Advance Decline numbers we can get a better outlook on where the S&P and NASDAQ index will move this week. If you read the Stock Market Outlook for Monday you will be aware that this is a busy week for reports and events. Many of these will impact the markets this week. The Market Breadth Indicators should be reviewed each day this week to determine the strength of the rally as it enters its third week.
The Market Breadth Indicator outlook is for both the S&P and the NASDAQ indexes.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Mar 28 2022
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