S&P 500 4386,54 +80,28.
The stock market gives the impression to have exhausted some selling pressure for the time being and is somehow ready for a bounce after almost two months of decline. There is more potential on the Nasdaq than on the NYSE for such a move. We continue to observe money flowing into the market as traders and investors tend to consider that at these prices there are opportunities. This is confirmed by our observations on the option market as traders are again eager to buy calls. The bull to bear ratio among private investors is fairly neutral.
|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))|