Market Pulse on April 18th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 4391,6 -0,90.

Over the last ten days, the stock market drifted lower although selling pressure wasn’t heavy. Some of our indicators have entered the oversold zone which may indicate that some bounce back may occur during the next few days. Sentiment indicators are depressed, especially the bull to bear ratio among private investors that stands at 31%, which historically points out to a short-term bottom. We’ll come back more in depths on the risk level of the market over the next few days.

Very short term oscillator Negative -
Short term oscillator Negative -
RVI trend Negative -
Trend short term (5 days)

Down ​

Trend mid term (8 days)

Down ​

Differential of trends

Down ​

Risk profile Under review (scale of 1 (low risk) to 100 (high risk))

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