Market Pulse on November 19th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2690,73 -45,54.

Another weak trading day in wall Street with negative breadth: 1001 stocks advanced compared to 2619 that settled down. There are still no clear signs of capitulation from various market participants as recorded by our various indicators: buying/selling pressure index, capitulation index or our buying/selling index. The scenario is still more or less the same: a potential rebound up to the 2740-60 area before a final selloff to the 2500-2550 area that may finally provide a good buying opportunity.

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