S&P 500 3826,31 +52,45.
The stock market continued to recover after last week’s turmoil that forced some hedge funds to reduce their exposure to the stock market. Volume and breadth were supportive : 2443 stocks closed up, 761 down on the NYSE. The cumulative advance/decline recovered, it will be interesting to observe, over the next few days, if the market reached new highs that the upmove is confirmed by breadth. Options traders, as usual, are piling up on calls. Daily sentiment measures and slope of implied volatility are still trading at the upper hand of their historical range.
Very short term oscillator | Positive + |
Short term oscillator | Negative - |
RVI trend | Neutral |
Trend short term (5 days) | Up ![]() |
Trend mid term (8 days) | Up ![]() |
Differential of trends | Up ![]() |
Risk profile | 79 (scale of 1 (low risk) to 100 (high risk)) |