S&P 500 4224,79 +58,34.
Bargain hunters stepped into the market and bought stocks agressively as measured by our buying/selling index. Options traders followed the move and bought calls as monitored by put/call ratios. Breadth finished strongly positive: 3047 stocks advanced on the NYSE whereas 1098 settled down. The closing Tick settled at +474, indicating that money flow was positive and feeding mutual funds and ETF’s. Our fear/greed index reflected this situation and was the opposite mirror oft he previous day.
| 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 profile6 | 66 (scale of 1 (low risk) to 100 (high risk)) |