S&P 500 4458,58 -34,70.
Selling pressure intensified during the last trading session of the week as measured by our buying/selling index and our capitulation index. The early fall consolidation/correction is under way and the cumulative advance/decline line, measuring internal momentum, is again heading south. Options traders have increased their protection by buying more puts than during the previous sessions as measured by various put/call ratios. Our short term trading model has turned 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||62 (scale of 1 (low risk) to 100 (high risk))|