Market Pulse on April 26th

Olivier Rigot, EMC Gestion de Fortune

1 minutes de lecture

S&P 500 2666.94 +27.54.

The stock market rebounded from the support level of the trading range with good volume and expanding breadth : 2188 stocks advanced compared to 1066 that settled down. We are still inclined to think that this kind of trading action made up of swift up and down moves may continue for a while until the market may find an equilibrum between buyers and sellers and build the foundation for a solid bottom. Weekly sentiment indicators reflect this pattern with market participants changing their view drastically from one week to the other, let’s be patient…