Over the last two days, the stock market continued to creep higher although breadth has not been impressive: 1’501 stocks advanced compared to 2’586 that settled down at the close on Monday. The cumulative advance/decline line we mentionned several times has not recovered and on the Nasdaq is pointing south, this negative divergence has to be monitored closely in the near future as internal momentum is fading. Options trading as measured by put/call ratios is fairly neutral. 

Very short term oscillator	Positive +
Short term oscillator	Positive +
RVI trend	Positive +
Trend short term (5 days)	Up ​​
Trend mid term (8 days)	Up ​​
Differential of trends	Up ​​
Risk profile6	56 (scale of 1 (low risk) to 100 (high risk))