S&P 500 4306,26 -67,68.
The roller coaster continues in the stock market although selling pressure hasn’t intensified according to our various proprietary indicators we are monitoring. In the options market, we have also observed that traders continue to buy calls, trying to profit from a rebound of the market. Breadth is still weak as 1765 stocks advanced compared to 2689 that settled down. The cumulative advance/decline line is obviously weak.
|Very short term oscillator||Positive +|
|Short term oscillator||Negative -|
|RVI trend||Negative -|
|Trend short term (5 days)||
|Trend mid term (8 days)||
|Differential of trends||
|Risk profile||45 (scale of 1 (low risk) to 100 (high risk))|