Market Pulse on August 27th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 4’509.37 +39,37.

The stock market closed at a new record high after dovish fed comments, reinstating its bullish trend on solid volume and strong breadth: 2’731 stocks advanced compared to 568 that settled down. The cumulative advance/decline line improved on both the NYSE and the Nasdaq. Options trading closed at a neutral level. Overall, our model is slightly overbought. 

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 profile 59 (scale of 1 (low risk) to 100 (high risk))

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