S&P 500 4500,53 +23,09.
The stock market closed a volatile week on a tentative rebound, most of our indicators are still oversold and the overall medium term technical situation looks weak as a lot of damages has been incurred to the stock market lately. The stock market may continue to tread water with a slight positive bias in February as confirmed by our short term trading model. Options trading and internal momentum were neutral last Friday.
Very short term oscillator | Positive + |
Short term oscillator | Positive + |
RVI trend | Positive + |
Trend short term (5 days) | Up |
Trend mid term (8 days) | Up |
Differential of trends | Up |
Risk profile | 41 (scale of 1 (low risk) to 100 (high risk)) |