The stock market closed on a strong note but internal momentum started to slow down : 1728 stocks advanced compared to 1176 that settled down. By any measures, the market starts to be overbought although we haven’t depicted any signs of excess speculation yet. For the time being, market participants are not pushing up prices aggressively as measured by our various indicators like our buying/selling index, our buying/selling pressure index or our capitulation index. Anyway, some kind of consolidation may be welcome to cool off somewhat this impetuous bull.