S&P 500 2691,25 +13,58.
After three days of sharp declines, the stock market rebounded as expected. The market may continue to tread water until the selling pressure will be fully exhausted. The signal may come from the sentiment indicators that have to point out to fear and despair among market participants which is not the case yet. Globally our risk/profile index is heading into the right direction but should reach the low 20’s to signal an attractive entry point in terms of risk.