Market Pulse on October 26th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 4574,79 +8,31.

A quiet trading day in Wall Street, the rally fizzled out at midday and the stock market closed finally almost unchanged. Breadth closed slightly negative: 1971 stocks advanced compared to 2211 that settled down. Options trading was fairly neutral. In summary, the stock market is fairly overbought and a correction/consolidation would be more than welcome to reassess our indicators to a more neutral level.  

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 72 (scale of 1 (low risk) to 100 (high risk))

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