S&P 500 4473,75 -6,95.
The stock market is trying to stabilize around the 40 days moving average without much conviction. Breadth closed negative: 1790 stocks up, 2269 down which is not going to help the cumulative advance/decline line. Options trading is still fairly neutral. Overall, the stock market is in a wait and see mode ahead of the end of the 3rd quarter and any potential announcement from the Fed.
|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||57 (scale of 1 (low risk) to 100 (high risk))|
Next Update 30th September 2021