The stock market opened on a weak note before recovering over the day. The story is still the same, The Nasdaq is the weak spot: the cumulative advance/decline line continues to point down, 679 stocks reached new 52 weeks lows whereas on the NYSE, the cumulative advance/decline line is hovering around the highs. Somehow, the situation may be similar to the year 2000 when the Internet bubble exploded, value stocks held fairly well until the end of the year. Options traders continue to adopt a relatively cautious attitude as hedging activity has increased since the beginning of the year.

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