S&P 500 4373,94 -10,71.
For the second day on a row, the stock market has been resilient to any selling pressure and we observed again bargain hunters stepping into the Nasdaq market as measured by our buying/selling index. This buying activity is confirmed by the options activity around stock options as measured by put/call ratios on the CBOE market. The reflex rally may continue somehow up to the 40 and 200 days moving average around 4500.
|Very short term oscillator||Positive +|
|Short term oscillator||Negative -|
|RVI trend||Negative -|
|Trend short term (5 days)||
|Trend mid term (8 days)||
|Differential of trends||
|Risk profile||43 (scale of 1 (low risk) to 100 (high risk))|