Market Pulse on August 31st

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2901,52 +0,39.

As expected, the market, over the last two days, entered into a correction/consolidation, working out its overbought situation it reached last week. Some of our indicators started to improve and a continutation of this process may be healthy for the sustainability of the uptrend. Last Thursday, we observed heavy selling pressure across the board, before a long week-end for the labor day holidays.

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