The stock market closed the month and the first quarter on heavy selling as measured by our buying/selling index, our fear/greed index and our capitulation index. Most indexes couldn’t surpass the important resistances we have identified for some time and fell back. Options traders were more cautious in their appraisal of the future evolution of the market compared to the previous days and have started to buy puts as measured by put/call ratios. Finally, the weekly survey among active professional market participants points out to a resurgence of optimism among this category of investors as the index stands at 80 on a scale of 0 to 100, not necessary a good news. In summary, the stock market stands at a crossroad and the next few days will be crucial to watch.