S&P 500 3911,23 -4,36.
Although the stock market closed slightly lower, buying pressure continued to to be strong on the Nasdaq, as measured by our buying/selling index. Options traders are still active on the buy side as measured by put/call ratios. The picture is still the same: the market is overbought by many measures but internal momentum continues to be strong led by the cumulative/advance decline line.
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 | 76 (scale of 1 (low risk) to 100 (high risk)) |