The stock market continues its roller coaster ahead of the release of inflation data. Breadth closed on a weak note: 1124 stocks advanced whereas 3165 closed down. Options traders are hedging more and more their positions as measured by put/call ratios. Some indicators are starting to improve like one of our daily sentiment indicators that has been trading in the overbought zone for months and that has plunged yesterday, Our short term trading model has turned down again.

Very short term oscillator	Negative -
Short term oscillator	Negative -
RVI trend	Negative -
Trend short term (5 days)	Down ​​
Trend mid term (8 days)	Down ​​
Differential of trends	Down ​​
Risk profile6	65 (scale of 1 (low risk) to 100 (high risk))