The story is still the same since the beginning of the year: the Nasdaq is still the weak spot and rotation continues towards value stocks. Internal momentum is still very weak on the Nasdaq and the cumulative advance/decline line is pointing south. The weekly survey among active professional investor still points to a high level of optimism from this category of investors. Options trading is fairly neutral.

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	58 (scale of 1 (low risk) to 100 (high risk))