The stock market closed the worst month since March 2020 on a strong rebound as short sellers closed some of their positions and end of the month window dressing transactions occurred. Nevertheless, the cumulative advance/decline lines on the NYSE and on the Nasdaq continue to languish at depressed levels ahead of a round of interest rates increases. At least this rally that may continue into February will help to bring some of the components of our model to a more neutral level. 

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