S&P 500 4127,83 -35,46.
The stock market continues to whipsaw without clear direction. We observed some selling pressure on the NYSE as measured by our buying/selling index. Breadth closed on a square note on the NYSE: 2000 stocks advanced compared to 2160 that settled down. Options trading was rather neutral. Cryptocurrencies took a beating this morning, the insane financial bubble starts to deflate. Our short term trading model has started to turn down.
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)) |