Market Pulse on October 22nd

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 4544,9 -4,88.

The stock market is overbought by many measures : internal momentum, our ten day oscillator based on the advance/decline line and some put/call ratios that have deteriorated lately. A kind of correction/consolidation would be welcome short term to reassess our model to a better configuration.

Very short term oscillator Positive +
Short term oscillator Positive +
RVI trend Positive +
Trend short term (5 days) Up ​
Trend mid term (8 days) Up ​
Differential of trends Up ​
Risk profile 71 (scale of 1 (low risk) to 100 (high risk))

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