Market Pulse on March 9th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 4277,88 +107,1.

The stock market jumped, following the european rally in stocks, reflex rally or start of a new trend ? We tend to favor the first assumption as these kind of moves are pretty usual in bear markets, time will tell. We observed strong buying as measured by our indicators, indicating that also some kind of short covering occurred. Breadth closed on a strong note : 2498 stocks advanced compared to 833 that settled down.

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 39 (scale of 1 (low risk) to 100 (high risk))

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