S&P 500 4197,05 +41,19.
Over the last two trading days, the stock market continued to recover with decent volume and breadth. The advance decline line continues to be stronger on the NYSE than on the Nasdaq. Options traders became a bit more aggressive by buying calls again. There is a scenario that the market is going to trade sideways until the summer, a kind of welcome period of consolidation/correction.
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 profile6 | 62 (scale of 1 (low risk) to 100 (high risk)) |