The S&P 500 tested successfully the 3800 level before rebounding and closing almost on the highs of the day. Breadth settled negative: 1768 stocks closed up compared to 2326 that settled down. The picture is still the same: a market overbought according to many measures. Our fear/greed index is deteriorating as we observe on the S&P 500 and on the Nasdaq heavy buying pressure as measured by our buying/selling index. Options traders are still active and piling up on calls.

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