S&P 500 4532,76 -44,35.
Sector rotation continues as the Nasdaq is still the weakest spot. It is astonishing to observe that the cumulative/advance decline line on this market is back to May 2020. 769 stocks out of 4958 have reached new lows yesterday. Despite that, we haven’t obseved any signs of capitulation yet either on sentiment indicators or extreme selling.
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 | 60 (scale of 1 (low risk) to 100 (high risk)) |