Although the stock market advanced, stocks are getting hit one after the other as earnings disappoint and valuations leave no room for error, i.e. Meta, Netflix and Paypal recently. In this context, most of our indicators are fairly neutral: breadth settled almost even: 2211 stocks advanced on the NYSE compared to 2190 that finished down. As expected, our model is getting back to a more neutral stance after the January’s selloff.

Very short term oscillator	Positive +
Short term oscillator	Negative -
RVI trend	Positive +
Trend short term (5 days)	Up ​
Trend mid term (8 days)	Up ​
Differential of trends	Down ​
Risk profile	42 (scale of 1 (low risk) to 100 (high risk))