S&P 500 4170,7 -30,39.
The stock market tried to bounce during the first hours of trading before prices retreated towards the close. Breadth closed almost square: 2183 stocks advanced compared to 2243 that settled down. We still don’t observe signs of capitulation as measured by our indicators. Options trading is relatively neutral. In summary, the market is relatively resilient as constant money flow enters into stocks as bargain hunters continue to try to seize opportunities
Very short term oscillator | Negative - |
Short term oscillator | Negative - |
RVI trend | Negative - |
Trend short term (5 days) |
Down |
Trend mid term (8 days) |
Down |
Differential of trends |
Down |
Risk profile | 37 (scale of 1 (low risk) to 100 (high risk)) |