S&P 500 4115,77 -44,91.
Over the last two weeks, the S&P 500 struggled under the 4200 resistance level we correctly identified but couldn’t, for the time being, surpass. The stock market is trading in a tight range and has found, short term, a kind of fragile equilibrium. Daily and weekly measures of sentiment among various categories of market participants are rather positive after months of market prices declines. More to come over the next few days.
|Very short term oscillator||n/a|
|Short term oscillator||n/a|
|Trend short term (5 days)||n/a|
|Trend mid term (8 days)||n/a|
|Differential of trends||n/a|
|Risk profile||Under review (scale of 1 (low risk) to 100 (high risk))|