S&P 500 4008,0 -15,88.
The stock market didn’t follow through Friday’s swift rebound but managed to hold fairly well prices. In our opinion, there’s still upside potential up to 4200 on the S&P 500 and 13000 on the Nasdaq 100. Overall, the stock market is working off its deep oversold conditions.
|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||33 (scale of 1 (low risk) to 100 (high risk))|
Next update: Friday 20th May 2022