Market Pulse on June 9th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 4219,55 -7,71.

The stock market spent the week waiting for the release of the consumer price index this afternoon, this statistic has become and for the months to come the most watched indicator by market participants and obviously by the Fed. Our indicators paint a mixed bag, some are very overbought like our fear/greed index, daily and weekly sentiment surveys, the SKEW index and one of our daily sentiment indicators others are rather neutral like our buying/selling index or the trend of the cumulative/advance decline line. We’ll know more at 2.30 PM.

Very short term oscillator Neutral
Short term oscillator Neutral
RVI trend Positive +
Trend short term (5 days) Up
Trend mid term (8 days) Up
Differential of trends Up
Risk profile6 71 (scale of 1 (low risk) to 100 (high risk))

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