The stock market absorbed well some initial selling pressure after the swift run up of last Friday. Breadth closed almost square: 2239 stocks advanced compared to 1952 that settled down. It looks like the recent market action unfolds in a large correction/consolidation typical of the month of May. Options trading activity was fairly neutral, reflecting some kind of cautiousness among market participants.

Very short term oscillator	Positive +
Short term oscillator	Positive +
RVI trend	Negative -
Trend short term (5 days)	Up ​​
Trend mid term (8 days)	Up ​​
Differential of trends	Down ​​
Risk profile6	62 (scale of 1 (low risk) to 100 (high risk))