S&P 500 4401,46 -20,84.
Some profit taking occurred on various segments of the market, breadth settled negative : 1462 stocks advanced compared to 2667 that closed lower. Options traders are becoming more cautious as measured by put/call ratios that improved across the board. The cumulative advance/decline line is deteriorating on both the NYSE and the Nasdaq and heading South, this is an early warning sign for the sustainability of the bull market. This is confirmed by the list of stocks hitting fresh new lows.
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 profile6 | 52 (scale of 1 (low risk) to 100 (high risk)) |