S&P 500 4384,65 +95,85.
Contrary to expectations, the stock market jumped sharply on Friday as short sellers were certainly taken by surprise. This market’s action helped our indicators to come off a deep oversold level. Options trading was fairly neutral and breadth closed on a strong note: 3515 stocks advanced compared to 879 that settled down. What’s worth mentionning is that in 4 days, the world that contemplated a regional crisis has entered into a global conflict as most occidental countries are arming Ukrainia and Russia has already talked about nuclear arms… Food for thoughts.
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 | 40 (scale of 1 (low risk) to 100 (high risk)) |