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)||
|Trend mid term (8 days)||
|Differential of trends||
|Risk profile||39 (scale of 1 (low risk) to 100 (high risk))|