The Fed finally aknowledged that inflation will be higher than expected and that it may become a problen. The stock market reacted not so badly and breadth wasn’t that negative: 1477 stocks advanced compared to 2644 that settled down. Options traders started to buy puts to hedge their positions. The Vix index climbed slightly but the SKEW index and the Seni index still trade on the highs of their historic trading band. The weekly survey among private investors hasn’t been published yet.

Very short term oscillator	Positive +
Short term oscillator	Positive +
RVI trend	Positive +
Trend short term (5 days)	Up ​​
Trend mid term (8 days)	Up ​​
Differential of trends	Up ​​
Risk profile6	69 (scale of 1 (low risk) to 100 (high risk))