Market Pulse on February 17th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 4348,87 -31,39.

Over the last week, the stock market succumbed to renewed selling pressure as the situation deteriorated on all fronts. We quote our previous comment dated on the 18th February 2022 :  The technical pattern of the Nasdaq index is negative as the index hasn’t been able to settled above important moving average, a situation observed by many market participants. Many stocks are now well entrenched in a bear market as prices closed well below their various moving averages. We’ll comment more in depth over the next few days the other components of our model.

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))

A lire aussi...