S&P 500 4208,12 +6,08.
A quiet trading day in terms of volatility but interesting things happened below the surface. We observed a lot of buying pressure as measured by various measures, our fear/greed index reached a rare reading that historically coincided with a sell signal. A warning sign to watch closely over the next few days. The ten-day oscillator based on the advance/decline line is overbought and options traders are everyday increasing their purchase of calls. Speculation is back on so called meme stocks like AMC.
Very short term oscillator | Negative - |
Short term oscillator | Neutral |
RVI trend | Positive + |
Trend short term (5 days) | Up ![]() |
Trend mid term (8 days) | Up ![]() |
Differential of trends | Up ![]() |
Risk profile6 | 73 (scale of 1 (low risk) to 100 (high risk)) |