Market Pulse on January 20th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 4482,73 -50,03.

The rout in stocks continues as some indexes broke their 200 days moving averages, an important signal for technicians. Internal momentum is still week : 853 stocks closed up on the NYSE whereas 2503 settled down. The list of new lows continues to expand. Some indicators are entering the oversold zone although no extreme readings have been reached yet. The weekly survey among active professional managers is neutral, the index closed at 50 on a scale of 0 to 100.

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

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