Market Pulse on February 26th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2793,9 -2,21.

The stock market closed slightly lower with negative breadth: 1632 stocks advanced compared to 2070 that settled down. The 2800-2820 area looks like a resistance area, the market tested twice during the unsuccessful rebound of last fall. A kind of correction/consolidation would be welcome to reset our indicators to a more favorable level with an objective at 2750. Daily sentiment indicators closed at a neutral level.

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