After failing to break out, all indexes closed on the lows of the day as buying pressure failed to materialize despite fairly active activity in the options market as traders are still eager to buy call options. The CBOE put/call ratios closed again below the 50 mark which historically raises a red flag. Systematic models are hovering around the buy and sell signal reflecting the actual diverging forces in the market. The banking sector continues to be one of the weakest spot in the market with the transport.

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	Down
Risk profile	74 (scale of 1 (low risk) to 100 (high risk))